JAKARTA, JakartaWeekly.com—Bank Indonesia (BI) has decided to keep its benchmark BI Rate unchanged at 5.75%. At its Board of Governors Meeting (RDG BI) held on October 20–21, 2026, BI also decided to maintain the lending facility rate at 6.5%, while raising the deposit facility rate to 5%. Bank Indonesia Governor Destry Damayanti explained that the […]
REYKJAVIK, Jakartaweekly.com — Federal Reserve Vice Chair for Supervision Michelle W. Bowman indicated that the U.S. central bank may still have room to keep its benchmark interest rate unchanged ahead of the next Federal Open Market Committee (FOMC) meeting in mid-June 2026. Speaking at the Reykjavík Economic Conference 2026 in Iceland on Friday (May 29, […]
CALIFORNIA, Jakartaweekly.com —Amid persistently high inflation in the United States, member Board of Governors of the Federal Reserve Lisa D. Cook said interest rates could still rise, with policymakers awaiting new economic data set to be released in the near future. Cook delivered the remarks during a speech at the Stanford Institute for Economic Policy […]
