0211 GMT - Bank Indonesia is likely taking a temporary pause in cutting rates, DBS Group Research's Radhika Rao says, noting the central bank's decision to leave rates unchanged on Wednesday. "A sharp deceleration in January inflation on policy measures and a likely negative fiscal impulse to growth in the first half due to spending cuts, leave the door open for further rate reductions," the senior economist says. DBS expects Bank Indonesia to cut rates by at least 50bps in 1H, with timing to be determined by the rupiah's movements, and the U.S. Fed's policy actions amid signs of stalling disinflation. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
February 19, 2025 21:11 ET (02:11 GMT)
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