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IDXC Live Market Headlines

Bank Indonesia Will Reduce Inflation at Around 3% in 2023

Market Headlines editor M.Ilham Chatamy
12/12/2022 23:40 WIB
Bank Indonesia has taken various steps, including increasing the BI benchmark interest rate by front-loaded, pre-emptive, and forward looking.
Bank Indonesia Will Reduce Inflation at Around 3% in 2023. (Sumber : IDXChannel)

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.   

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