The survey shows that the Indonesian central bank is expected to keep interest rates unchanged.
According to media surveys, all seven interviewed economists predict that the Indonesian central bank will keep its benchmark seven-day reverse repurchase rate unchanged at 4.75% on Wednesday. HSBC economists said in a report that the Indonesian central bank may keep interest rates unchanged to balance support for economic growth with external pressures. They said that with the spillover effects of slowing inflation from China providing some support, the inflation rate in 2026 should remain close to the Indonesian central bank's target of 2.5%. This provides space for the Indonesian central bank to gradually support economic growth. However, they added that since the last monetary policy meeting, the Indonesian rupiah has depreciated by about 1%, and bond yields have risen by about 15 basis points in the past week, reflecting concerns about fiscal issues and external uncertainties.
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