Indonesia's Central Bank Likely to Stand Pat, WSJ Poll Shows -- Market Talk

Dow Jones
02/16

0300 GMT - Indonesia's central bank is expected to keep its benchmark seven-day reverse repo rate steady at 4.75% on Thursday, according to six out of the seven economists polled by The Wall Street Journal. One economist expects Bank Indonesia to cut the interest rate by 25 bps. The growth-inflation mix remains supportive of rate cuts, and BI sees scope for further easing, HSBC economists say in a note. However, the recent MSCI's downgrade warning, Moody's negative outlook and FTSE Russell's delayed review have dented investor sentiment, with the rupiah down about 1% and bond yields up 9 bps in the past two weeks, it notes. Against this backdrop, BI is expected to keep rates on hold, HSBC adds. (yingxian.wong@wsj.com)

 

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February 15, 2026 22:00 ET (03:00 GMT)

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