Lee Sue Ann, Economist at UOB Group, believes the Bank of Indonesia (BI) is expected to cut rates at Tuesday’s meeting. Key Quotes “With inflation brisk rather muted at this juncture and within the target range of 2%-4%, BI may cut policy rate by another 25 bps to 4.25% in April’s monetary policy meeting. It is likely to be the last rate cut for 2020, bringing the 7-Day Reverse Repo rate back to its lowest point before the 175 bps monetary policy tightening in 2018”. 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 Crypto Today: Bears strike back, as weekend attempt to take BTC above $7,000 fails FX Street 2 years Lee Sue Ann, Economist at UOB Group, believes the Bank of Indonesia (BI) is expected to cut rates at Tuesday’s meeting. Key Quotes “With inflation brisk rather muted at this juncture and within the target range of 2%-4%, BI may cut policy rate by another 25 bps to 4.25% in April’s monetary policy meeting. It is likely to be the last rate cut for 2020, bringing the 7-Day Reverse Repo rate back to its lowest point before the 175 bps monetary policy tightening in 2018”. 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.
