andriajah Thu Jan 2023 1 year ago

Maintaining Inflation Expectations, BI Raises Interest Rates to 5.75 Percent!

JAKARTA, KOMPAS.TV - Since August 2022, Bank Indonesia has increased the BI Seven Days, reverse repo rate, by 225 basis points.

This step to increase interest rates is said to have been taken to maintain inflation expectations and future inflation.

What are Bank Indonesia's next steps in facing various global economic challenges?

Also Read: Strengthening Economic Recovery & Controlling Inflation, BI Raises Interest Rates 50 Basis to 5.25 Percent! at https://www.kompas.tv/article/350957/perkuat-pemulihan- Ekonomi-jaga-inflasi-bi-naikkan-suku-bunga-50-basis-jadi-5-25-persen

Bank Indonesia continues its policy of raising interest rates.

This decision is a further step to ensure the continued decline in inflation expectations and future inflation.

The Bank Indonesia Board of Governors meeting, on January 18-19 2023, decided to increase the BI 7-Day Reverse Repo Rate, by 25 basis points, to 5.75 percent, the deposit facility interest rate, by 25 basis points to 5 percent, and the lending facility interest by 25 basis points to 6.5.

This article can be seen at: https://www.kompas.tv/article/372092/jaga-ekspektasi-inflasi-bi-naikkan-suku-bunga-jadi-5-75-persen
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