# MACROECONOMIC ANALYSIS SERIES: BI Board of Governor Meeting, December 2018 MACROECONOMIC ANALYSIS SERIES: BI Board of Governor Meeting, December 2018 - Institute for Economic and Social Research - Faculty of Economics and Business - University of Indonesia

> An Indonesian university institute's December 2018 review of Bank Indonesia's policy meeting says the unexpected rate hike last month, along with a wider current account deficit, helped the rupiah appreciate over the past six weeks. Inflation is subdued because weak demand and subsidized fuel prices are holding down consumption. The review judges that the central bank does not need to raise rates again this month.

- Date: 2018-12-20 · published 2018-12-20T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/61864-macroeconomic-analysis-series-bi-board-of-governor-meeting-december-2018
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Expectations of a firmer rupiah and no further rate hikes reduce the pressure on Indonesian import costs and on dollar-denominated feed purchases.

## Read by commodity

- USDIDR: bearish ▼

## Sources

- en.lpem.org: https://en.lpem.org/macroeconomic-analysis-series-bi-board-of-governor-meeting-december-2018/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.