Indonesia central bank: early signs of rising inflation may emerge at end of the year

28-Jan-2022 Intellasia | Reuters | 5:02 AM Print This Post

Indonesia’s central bank governor Perry Warjiyo said on Thursday early signs of inflation might be seen at the end of this year and would be the basis for Bank Indonesia (BI) to start considering raising its policy interest rates.

Warjiyo said BI will rely more on bond yield differential flexibility to mitigate global spillover from tightening by the US Federal Reserve while it starts “normalising” excess liquidity Southeast Asia’s biggest economy. BI last week announced staggered 300 basis points hikes in the reserve requirement ratio. bank%3A-early-signs-of-rising-inflation-may-emerge-at-end of the year


Category: Indonesia

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