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Bank Indonesia unexpectedly held its policy rate at 4.75% on Wednesday, against market expectations of a fourth straight cut. The bank said it would prioritise supporting the rupiah, and the article notes a weak response to stimulus and slow credit growth.
Holding rates high keeps Indonesian borrowing costs elevated and slows feed and livestock investment. It also supports the rupiah, which lowers imported feed costs, so the net effect on feed prices is limited.
reuters.comOct 24, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
