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Country Focus

Indonesia: More Monetary Easing Ahead

by Arthur Budaghyan, Chief EM/China Strategist   Armen Hamazaspyan, Research Analyst  

Indonesia’s surprise rate cut signals a dovish turn that will weigh on the rupiah. Bank Indonesia cut its policy rate by 25 bps to 5%, with low inflation and weak activity pointing to more easing ahead. Our Emerging Markets team’s proprietary super core…

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