Analysts at TD Securities note that last month Bank Indonesia (BI) began reversing its 175bp of hikes undertaken last year amid low inflation and a push to boost growth. Key Quotes “While BI noted that they see more room for policy adjustment, increased market volatility, portfolio capital outflows and IDR depreciation since then, suggests that BI will pause at this meeting.” “Nonetheless, we expect BI to cut by another 50bps by the end of the year as the central bank maintains its growth push.” 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 Forex Today: Yuan slump spurs risk-off; all eyes on German/ Eurozone PMIs FX Street 4 years Analysts at TD Securities note that last month Bank Indonesia (BI) began reversing its 175bp of hikes undertaken last year amid low inflation and a push to boost growth. Key Quotes "While BI noted that they see more room for policy adjustment, increased market volatility, portfolio capital outflows and IDR depreciation since then, suggests that BI will pause at this meeting." "Nonetheless, we expect BI to cut by another 50bps by the end of the year as the central bank maintains its growth push." 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.
