Economics

Indonesia Holds Rate to Support Growth Ahead of Fed Moves

All 31 economists in Bloomberg survey expected hold decision
Bank affirms RRR increases will begin in March as planned

Traffic in the central business district of Jakarta, Indonesia.
Photographer: Dimas Ardian/Bloomberg

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By Claire Jiao and Grace Sihombing

February 10, 2022 at 7:35 AM UTC

Updated on

February 10, 2022 at 8:07 AM UTC

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Indonesia’s central bank kept borrowing costs unchanged to maximize support for the economy before its U.S. counterpart begins tightening monetary policy.