Jakarta, CNBC Indonesia- The CNBC Indonesia research team expects that Bank Indonesia will still maintain its benchmark interest rate at 5.75% in the September 2023 RDG.
FX Analyst CNBC Indonesia Research, Revo Gilang Firdaus assesses maintaining interest rates as part of BI’s steps to maintain economic growth momentum. It is hoped that the Fed will not raise interest rates again at the FOMC in November and December so that the weakening of the Rupiah does not continue.
What is the CNBC Indonesia Research Team’s analysis of the direction of the Fed and BI interest rate policies and their impact on the Rupiah and the economy? For complete details, see Anneke Wijaya’s dialogue with FX Analyst CNBC Indonesia Research, Revo Gilang Firdaus at Power Lunch,CNBCIndonesia (Monday, 16/10/2023)