Despite rising inflation, which currently stands at 4.17% (y.o.y.) or 1.28% (ytd), and high likelihood of June’s rate hike by the Fed, we view

With administered price hikes expected to drive inflation toward its 4% target, we maintain the view that Bank Indonesia should maintain the policy at

Dominated by the majority, if not all, of market participants that expect The Fed to increase the FFR by 25 basis points on March

Surrounded by global uncertainty and accelerated inflation, we expect Bank Indonesia to hold the 7 day RRR at 4.75% at the policy meeting on Thursday. Although

Despite annual inflation at its lowest level since 2010, at 3.02% (y.o.y) in 2016, and the need to drive economic growth, we still believe

After cutting rate six times in 2016, BI may need to maintain the benchmark rate at 4.75% (y.o.y.) on Thursday meeting. Even with slowing

In our Q2 and Q3 2016 outlook, we noted that the outcome of US presidential election may present significant risk to Indonesian economy, even