BI Board of Governor's Meeting, September 2016

Febrio Kacaribu (), Alvin Ulido Lumbanraja () and Faradina Alifia Maizar ()
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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)

No 201609, LPEM FEBUI BI Board of Governor Meeting Brief from LPEM, Faculty of Economics and Business, University of Indonesia

Abstract: Last month, BI adopted the new set of policy rates that consist of BI 7-Day RR accompanied by new corridor of Lending Facility and Deposit Facility, each 75 bps above and below BI 7-day RR. We applaud this move. It will make BI's direction of policy to be easier to understand by the market. Additionally, market now can evaluate whether BI acheives its short term interest target, i.e. the BI 7- day RR Rate itself every month.

Keywords: gdp; —; economic; —; economic; outlook; —; inflation; —; macroeconomics; —; interest; rate (search for similar items in EconPapers)
Date: 2016-09, Revised 2016-09
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