Economics
Indonesia Expected to Deliver Third Rate Cut: Decision Guide
- Majority of economists see central bank cutting rate to 5.25%
- Bank Indonesia under pressure to respond amid dimming outlook
A man exits the Bank Indonesia headquarters in Jakarta, Indonesia.
Photographer: Dimas Ardian/BloombergThis article is for subscribers only.
Indonesia’s central bank is under pressure to cut interest rates for a third straight month as a deteriorating global economy threatens domestic growth.
Most economists see the need for another shot of stimulus when Bank Indonesia policy makers meet Thursday. With a deepening slowdown in China and trade tensions weighing on Southeast Asia’s largest economy, concerns over oil supplies and higher crude prices further complicate the bank’s decision.