Indonesia’s Nasution Says Inflation Is Not Current ‘Challenge’
Bank Indonesia Governor Darmin Nasution said that inflation isn’t his country’s primary challenge at a time when the global economy is slowing.
“Inflation is no longer the No. 1 challenge,” Nasution told reporters in Paris today. “When the economy slows down, prices should go down.” Interest rates are at a “proper” level after a recent cut, he added.
He also said that the Group of 20 still requires “a long discussion” on reform of the global monetary system.
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