Archive for February 16th, 2017

Central Bank Watch

Bank Indonesia

February 16, 2017

The BI Board kept its seven-day reverse repo rate at 4.75%. It was cut last year six times between January and October, each time by a quarter percentage point. A statement released today projects 5.0-5.4% growth in 2017, an improved balance of payments last quarter and in-target inflation (3-5%) during the forecast horizon. Indonesia has […] More

New Overnight Developments Abroad - Daily Update

Markets React to ECB Minutes

February 16, 2017

Published minutes from the last ECB meeting (known as the ECB Account) allayed concerns that the recent spike in inflation to around the central bank’s target would not lead to an abandonment of the current easy stance. The rise of headline inflation was caused by energy and shows no visible sign of indirect or second […] More