Economics
Bank Indonesia Holds Key Rate, Leaves Door Ajar for Future Cuts
- Majority of economists in survey said rate would stay at 5%
- Bank Indonesia set to maintain easing bias to stoke growth
The Bank Indonesia headquarters in Jakarta.
Photographer: Dimas Ardian/BloombergThis article is for subscribers only.
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Indonesia’s central bank left its benchmark interest rate unchanged for a third straight month, saying the economic outlook is improving even as the door remains open for future rate cuts.