Bank Indonesia Will Reduce Inflation at Around 3% in 2023

Bank Indonesia has taken various steps, including increasing the BI benchmark interest rate by front-loaded, pre-emptive, and forward looking.

IDXChannel- To achieve this target in the midst of global economic challenges, Bank Indonesia has taken various steps, including increasing the BI benchmark interest rate by front-loaded, pre-emptive, and forward looking. Executive director head of the economic and monetary policy department of bank Indonesia, Solikin M Juhro said that BI's benchmark interest rate needs to be raised higher at the start, to anticipate inflation risk, taking into account future risks.