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MNI BI Preview – December 2021: No Curveballs Expected After Final Meeting Of 2021

EXECUTIVE SUMMARY

  • Indonesia enjoys persistently benign inflationary environment, despite global supply-side pressures and continued provision of monetary stimulus by the local central bank.
  • Policymakers are expected to use these conditions to leave the current levels of stimulus in place after their final monetary policy of 2021.
  • There is growing consensus that Bank Indonesia will only consider raising interest rates in 2H2021, as touted by Governor Warjiyo in his recent speeches.

Click to view the full preview: MNI BI Preview December 2021.pdf

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