MACROECONOMIC ANALYSIS SERIES BI Board of Governor Meeting May 2018
Strong US economic growth and deteriorating trade balance position in April triggered selloff in Rupiah‐based assets and depreciation of USD/IDR of around 1.80% in
Strong US economic growth and deteriorating trade balance position in April triggered selloff in Rupiah‐based assets and depreciation of USD/IDR of around 1.80% in
Portfolio capital flow has turned positive in the last month, signaling tapered market reactions to expectation of four rate hikes by Federal Reserves this
Expectation of faster interest rate hikes by Federal Reserves, with March rate hike deemed imminent by market participants, has initially led to portfolio capital
Better-than-expected US employment figures and strong GDP growth have raised concern among market participants of faster pace of interest rate hike in the US
December inflation figure gave mixed signal about the exact economic condition, but overall FY 2017 result suggests that a relatively stable inflation has become
Inflation in November virtually confirms that FY 2017 inflation will remain well below 3.50% range and will be close to 3.0-3.2%. Nevertheless, we see
Lower-than-expected October inflation and Q3 GDP growth might not seem be an ideal situation for BI to suspend rate cut, but such move (or
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