Indonesia`s central bank is expected to hit the pause button

21 November 2019

Research

After almost two years of negotiations and escalations, trade negotiaries from the u.s. and China are making progress in the key are the event as concerns growing that efforts to nail down the first phase of a broader deal are stalling. Some people close to the talks described them as being in a sensitive, make-or-break stage and caution that what President Donald Trump Proclaimed as a Done Deal a month ago, Sending U.S. Stocks Soaring to Records, Could Still Easily Fall Apart. (Bloomberg) Indonesia`s central bank is expected to hit the pause button after four straight interest cuts, as policymakers use additional instruments to help Stoke Growth in Southeast Asia`s Largest Economy. With the u.s. Federal Reserve Expected to Be on a Prolongated Hold After Three Rate Cuts This Year, Central Banks in Emerging Markets are Getting Some Breathing Space. Twenty-One of the 31 Economists Surveyed by Bloomberg Predict Bank Indonesia Will Leave Its Key Rate Unchanged at 5% on Thursday, while the rest forecast a 25 basis-point cut. (Bloomberg) Source: Danareksa Securities Debt Research