Bank Indonesia Decision Guide: On Hold Now, But 2018 Is Open
- All economists in Bloomberg survey see no change on Thursday
- Fed rate hikes may put pressure on emerging-market currencies
People enter the Bank Indonesia headquarters in Jakarta, Indonesia, on Nov. 16, 2017.
Photographer: Graham Crouch/Bloomberg
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As central banks around the globe get ready to pull the trigger on interest rates, Southeast Asia’s biggest economy is in no rush to do the same.
After reducing interest rates eight times since the beginning of last year, most recently in August and September, it’s unclear how Bank Indonesia will proceed next year: economists are split on whether policy makers will hike, keep rates unchanged or ease some more.