Bank Indonesia Likely to Keep Policy Rate Unchanged, WSJ Poll Shows -- Market Talk

Dow Jones

Feb 17, 2025

0246 GMT - Indonesia's central bank is expected to keep its benchmark seven-day reverse repo rate unchanged at 5.75% on Wednesday, according to five of seven economists polled by The Wall Street Journal. The other two economists expect Bank Indonesia to cut the rate by 25 bps to 5.50%. Rupiah stability remains a key concern, especially as global market conditions are unfavorable, ANZ economist Bansi Madhavani says in a note. The rupiah's relative outperformance was one reason for the January rate cut; however, since then, the rupiah has underperformed compared with its regional peers, he flags. BI's easing bias suggests further cuts are possible, with timing dependent on external factors, he adds. Given the Fed's anticipated single 25bp cut this year, ANZ thinks BI may also cut by 25 bps. (yingxian.wong@wsj.com)

(END) Dow Jones Newswires

February 16, 2025 21:46 ET (02:46 GMT)

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The other two economists expect Bank Indonesia to cut the rate by 25 bps to 5.50%. Rupiah stability remains a key concern, especially as global market conditions are unfavorable, ANZ economist Bansi Madhavani says in a note. The rupiah's relative outperformance was one reason for the January rate cut; however, since then, the rupiah has underperformed compared with its regional peers, he flags. BI's easing bias suggests further cuts are possible, with timing dependent on external factors, he adds. Given the Fed's anticipated single 25bp cut this year, ANZ thinks BI may also cut by 25 bps. (yingxian.wong@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 16, 2025 21:46 ET (02:46 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bank Indonesia Likely to Keep Policy Rate Unchanged, WSJ Poll Shows -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBank Indonesia Likely to Keep Policy Rate Unchanged, WSJ Poll Shows -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-17 10:46</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0246 GMT - Indonesia's central bank is expected to keep its benchmark seven-day reverse repo rate unchanged at 5.75% on Wednesday, according to five of seven economists polled by The Wall Street Journal. The other two economists expect Bank Indonesia to cut the rate by 25 bps to 5.50%. Rupiah stability remains a key concern, especially as global market conditions are unfavorable, ANZ economist Bansi Madhavani says in a note. The rupiah's relative outperformance was one reason for the January rate cut; however, since then, the rupiah has underperformed compared with its regional peers, he flags. BI's easing bias suggests further cuts are possible, with timing dependent on external factors, he adds. Given the Fed's anticipated single 25bp cut this year, ANZ thinks BI may also cut by 25 bps. (yingxian.wong@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 16, 2025 21:46 ET (02:46 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1215","symbol_name":"特殊消费者服务","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2512010998","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2512010998","pubTimestamp":1739760360,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0246 GMT - Indonesia's central bank is expected to keep its benchmark seven-day reverse repo rate unchanged at 5.75% on Wednesday, according to five of seven economists polled by The Wall Street Journal. The other two economists expect Bank Indonesia to cut the rate by 25 bps to 5.50%. Rupiah stability remains a key concern, especially as global market conditions are unfavorable, ANZ economist Bansi Madhavani says in a note. The rupiah's relative outperformance was one reason for the January rate cut; however, since then, the rupiah has underperformed compared with its regional peers, he flags. BI's easing bias suggests further cuts are possible, with timing dependent on external factors, he adds. Given the Fed's anticipated single 25bp cut this year, ANZ thinks BI may also cut by 25 bps. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1215":"特殊消费者服务","03650":"KEEP"},"translate_title":"《华尔街日报》民意调查显示，印尼央行可能维持政策利率不变——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03650":1},"content_text":"0246 GMT - Indonesia's central bank is expected to keep its benchmark seven-day reverse repo rate unchanged at 5.75% on Wednesday, according to five of seven economists polled by The Wall Street Journal. The other two economists expect Bank Indonesia to cut the rate by 25 bps to 5.50%. Rupiah stability remains a key concern, especially as global market conditions are unfavorable, ANZ economist Bansi Madhavani says in a note. The rupiah's relative outperformance was one reason for the January rate cut; however, since then, the rupiah has underperformed compared with its regional peers, he flags. BI's easing bias suggests further cuts are possible, with timing dependent on external factors, he adds. Given the Fed's anticipated single 25bp cut this year, ANZ thinks BI may also cut by 25 bps. (yingxian.wong@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 16, 2025 21:46 ET (02:46 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}