Flash News

BPAM - One cut and done

Bank Indonesia decided to cut 7-days reverse repo by 25 bps to 4.5% (encouraged by Reserve Bank of India?), is much welcomed as slow economy recovery and government spending. Further easing (rate cut, lower reserve requirement, higher LTV, etc) is likely to happen as BI focus on growth.

What are the rationale behind?

Impact to bond market

Impact to equity market