BI Board of Governor's Meeting, April 2022
Jahen Rezki,
Syahda Sabrina (),
Nauli A. Desdiani (),
Teuku Riefky,
Amalia Cesarina,
Meila Husna () and
Faradina Alifia Maizar ()
Additional contact information
Syahda Sabrina: Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI)
Nauli A. Desdiani: Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI)
Meila Husna: 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 202204, LPEM FEBUI BI Board of Governor Meeting Brief from LPEM, Faculty of Economics and Business, University of Indonesia
Abstract:
The continuation of supply chain disruption and energy shortage as the impact of Russia and Ukraine’s conflict in various parts of the world have put pressures on the global inflation and the economic recovery process. Domestically, it has started to have impact as the inflation rate is also expected to accelerate this month like its usual seasonal trend during Ramadan and Eid al-Fitr celebrations. However, the trade balance emerged as one of the windfalls from the prolonged increasing trend of commodity prices that could maintain Rupiah stability and economic growth from export channel, also contribute to the state’s revenue. Considering the current condition, we view BI should hold its policy rate at 3.50% this month. In addition, BI should maintain its pro-stability monetary stance and progrowth macroprudential policy during the current uncertain times.
Keywords: gdp; —; economic; —; economic; outlook; —; inflation; —; macroeconomics; —; interest; rate (search for similar items in EconPapers)
Date: 2022-04, Revised 2022-04
New Economics Papers: this item is included in nep-cis, nep-mac and nep-sea
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https://lpem.org/repec/lpe/queouts/BBG202204.pdf First version, 2022 (application/pdf)
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