Indonesia central bank policy rate
Bank Indonesia opts to pause, likely monitoring external position. With the Fed and most regional central banks opting to stay neutral to close out the year, Bank Indonesia decided to keep policy setting untouched for a second straight meeting as they monitor developments related to the external account. Perry Warjiyo, Indonesia's central bank governor, told CNBC on Friday there's room to cut interest rates this time because inflation for the year is expected to remain within its target range of 2 Bank Indonesia holds fire after four straight cuts. Bank Indonesia (BI) Governor Perry Warjiyo opted to keep policy rates steady, a move anticipated by market analysts, but unexpectedly trimmed the amount banks are asked to set aside as reserves.