Indonesia Rate Cut Not That Big A Surprise

Kamis, 17 Mei 2012 | 04:14 WIB

Fitch's Colquhoun:

Jimmy Hitipeuw | Jumat, 10 Februari 2012 | 15:46 WIB

SINGAPORE, KOMPAS.com - Fitch Ratings' lead Asia-Pacific sovereign analyst said Friday that Indonesia's latest rate cut wasn't that big a surprise, given the central bank's growth-supportive stance.

Andrew Colquhoun told Dow Jones Newswires that the authorities seemed comfortable with inflation in the mid-single digits. Asked whether the easing was overdone and could risk inflation getting out of control further down the line, Colquhoun said “No, not at the moment.“

Bank Indonesia cut its overnight benchmark interest rate Thursday by 25 basis points to a record-low 5.75%, surprising many analysts.

Sumber :

Dow Jones

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