The latest Reuters poll of 24 analysts showed on Monday, most of them see Bank Indonesia (BI), the Indonesian central bank, standing pat on its interest rate decision to assess the impact of the four consecutive rate cuts announced since July. Key Findings: “Twenty of 24 analysts in the poll predicted BI would keep the key rate unchanged this week at 5.00%. Four forecast another 25-bp cut to bolster growth, which slid to the weakest in more than two years in the third quarter. Analysts are divided over how long the current easing cycle will last, though most agree that it is nearing its end.” Its worth noting that “BI has cut its benchmark 7-day reverse repurchase rate by a total of 100 basis points (bps) in back-to-back meetings as “pre-emptive measures” to avoid a sharp downturn amid a global economic slowdown.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD: 1.20 Target To Arrive Next Year; Earlier Than Consensus Expectations – SocGen Yohay Elam 3 years The latest Reuters poll of 24 analysts showed on Monday, most of them see Bank Indonesia (BI), the Indonesian central bank, standing pat on its interest rate decision to assess the impact of the four consecutive rate cuts announced since July. Key Findings: "Twenty of 24 analysts in the poll predicted BI would keep the key rate unchanged this week at 5.00%. Four forecast another 25-bp cut to bolster growth, which slid to the weakest in more than two years in the third quarter. Analysts are divided over how long the current easing cycle will last, though most agree that… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
