BI Board of Governor's Meeting, December 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 201612, LPEM FEBUI BI Board of Governor Meeting Brief from LPEM, Faculty of Economics and Business, University of Indonesia

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.

Keywords: gdp; —; economic; —; economic; outlook; —; inflation; —; macroeconomics; —; interest; rate (search for similar items in EconPapers)
Date: 2016-12, Revised 2016-12
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https://lpem.org/repec/lpe/queouts/BBG201612.pdf First version, 2016 (application/pdf)

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