Indonesia central bank's new deputy gov sees prolonged monetary easing

Rabu, 07 Agustus 2019 / 13:47 WIB

Indonesia central bank's new deputy gov sees prolonged monetary easing

KONTAN.CO.ID - JAKARTA. Bank Indonesia's new senior deputy governor on Wednesday forecast a long period of monetary policy easing, citing the global economic slowdown, other central banks' loosening stance and low inflation rate at home.

"We see the direction of monetary policy easing to last long into the future," Destry Damayanti said, after being inaugurated at the Supreme Court.

Baca Juga: Terpilih jadi deputi gubernur senior BI, ini harapan DPR terhadap Destry Damayanti

Damayanti, an economist who is new to BI, also said the central bank will continue to set accommodative monetary and macroprudential policies, including by injecting liquidity into the banking system to support loan growth.

BI cut its benchmark policy rate last month by 25 basis points, which many analysts saw as the start to an easing cycle. 

Sumber : Reuters
Editor: Herlina Kartika
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