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Indonesian economists expect the era of cheap credit to end this year as central banks in advanced economies tighten policy. Danamon's chief economist said the chance of Bank Indonesia cutting its 4.25% reference rate is very slim.
Indef economist Bhima Yudhistira said the central bank's room to lower rates is very narrow and a rate hike is possible.
Tighter monetary conditions raise borrowing costs for Indonesian feed producers and livestock operators. Higher domestic rates could also support the rupiah, which affects the cost of imported feed ingredients.
finansial.bisnis.comAbdul Rahman, Farodilah MuqoddamFeb 28, 2018Not 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.
