South East Asia & Oceania
Indonesia’s Central Bank Cuts Interest Rate by 0.25%
On Sept. 18, Indonesia’s Central Bank (Bank Indonesia) announced a decrease in their interest rate from 25 basis points (0.25%) to 6%, in a move that came as a surprise to most experts.
The Central Bank’s Balancing Act in Australia: Managing Inflation without Crashing the Housing Market
In early December, The Reserve Bank of Australia (RBA) lifted interest rates for the eighth consecutive month, taking its benchmark to 3.1%.