Bank Indonesia signals more hawkish stance ahead of key Fed meet
JAKARTA: Indonesia’s central bank adopted a more hawkish tone, signalling it’s ready to strike early to temper volatility in the rupiah and bond yields as global markets sell off in anticipation of United States rate hikes. “The principle we will conduct with is what we call a preemptive, ahead-of-the curve, front-loading policy,” deputy governor Dody […]
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