Indonesia Set for More Rate Cuts on Growth View, Analysts Say
An improving market sentiment will pave the way for Indonesia's central bank to better balance its pro-growth stance with ensuring stability in the financial markets, according to analysts.
Bank Indonesia will not hesitate to stabilize the rupiah through intervention amid economic uncertainty, Governor Perry Warjiyo said after reducing the BI-Rate by 25 basis points on Wednesday. The central bank also lowered its 2025 gross domestic product growth forecast to a range of 4.6% to 5.4%.
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- Yahoo
Lee Jae-myung, Trump speak on phone, reaffirm U.S.-South Korea alliance
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TechCrunch
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Week in Review: Why Anthropic cut access to Windsurf
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China Approves Some Exports of Rare Earths Ahead of US Talks
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