Pantheon Macroeconomics

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19th Nov 2024 10:16Emerging AsiaDaily Monitor

  • Bank Indonesia paused rate cuts for a second straight month, keeping the BI rate at 6.00%.
  • Governor Warjiyo cited concerns over the rupiah, in view of less-aggressive Fed cuts under Trump 2.0. 
  • We still see the BI rate falling to a terminal level of 4.75% by end-2025, with risks to the downside.

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Keywords for: 21 November 2024 Emerging Asia Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence