# Indonesia holds interest rate as inflation concerns loom | The Straits Times

> Bank Indonesia held its seven-day reverse repo rate at 4.75% for a sixth straight month, as forecast by all 24 economists polled by Bloomberg. The central bank said it remains neutral and ready to raise rates if conditions warrant, citing volatile food prices and capital outflow risks from Fed tightening.

- Date: 2017-04-28 · published 2017-04-28T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/71790-indonesia-holds-interest-rate-as-inflation-concerns-loom-the-straits-times
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A steady policy rate with a hawkish tilt supports the rupiah, keeping Indonesian feed import costs stable, though possible future hikes could slow livestock and poultry demand growth.

## Read by commodity

- USDIDR: bearish ▼

## Sources

- straitstimes.com: https://www.straitstimes.com/business/indonesia-holds-interest-rate-as-inflation-concerns-loom

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