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BI Board of Governor's Meeting, December 2016

Author

Listed:
  • Febrio Kacaribu

    (Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI))

  • Alvin Ulido Lumbanraja

    (Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI))

  • Faradina Alifia Maizar

    (Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI))

Abstract

After cutting rate six times in 2016, BI may need to maintain the benchmark rate at 4.75% (y.o.y.) on Thursday meeting. Even with slowing GDP growth of 5.02% (y.o.y.) in Q3 2016 and still-below-target inflation, several key external pressures, particularly with imminent December Fed rate hike and surprisingly promising lead on OPEC pledge to cut oil production, limit the room for easing until at least early 2017.

Suggested Citation

  • Febrio Kacaribu & Alvin Ulido Lumbanraja & Faradina Alifia Maizar, 2016. "BI Board of Governor's Meeting, December 2016," LPEM FEBUI BI Board of Governor Meeting Brief 201612, LPEM, Faculty of Economics and Business, University of Indonesia, revised Dec 2016.
    • Handle: RePEc:lpe:gomeet:201612
    as

    Download full text from publisher

    File URL: https://www.lpem.org/repec/lpe/queouts/BBG201612.pdf
    File Function: First version, 2016
    Download Restriction: no
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