# Bank Indonesia sees no need for policy move if CPI in target - The Business Times

> Bank Indonesia's assistant governor said the central bank sees no need to change policy while inflation and the currency stay within forecasts. The benchmark rate has been held at 4.25 percent after eight cuts since early 2016. November inflation was 3.3 percent, within the 3-5 percent target band.

- Date: 2017-12-05 · published 2017-12-05T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/67783-bank-indonesia-sees-no-need-for-policy-move-if-cpi-in-target-the-business-times
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A steady policy stance keeps domestic financing conditions stable, but the central bank is watching for currency pressure from a stronger dollar as the Fed tightens.

## Sources

- businesstimes.com.sg: https://www.businesstimes.com.sg/international/bank-indonesia-sees-no-need-policy-move-if-cpi-target

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