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Indonesia Surprises With More Easing Amid Prabowo's Growth Goal

Indonesia Surprises With More Easing Amid Prabowo's Growth Goal

Bloomberga day ago
Indonesia's central bank surprised markets by cutting its benchmark rate for a second straight month, further shifting monetary policy toward boosting economic growth.
Bank Indonesia lowered the BI-Rate by 25 basis points to 5% on Wednesday, in a move predicted by nine of 39 economists surveyed by Bloomberg. Most expected no change.
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