The Bank of Indonesia (BI) is likely to keep its bank rates unchanged at its monetary policy meeting in November. The BI targeted the country's inflation rate at 4±1%, but the headline inflation rate stood at 6.25% yoy i…
The Bank of Indonesia (BI) is likely to keep its bank rates unchanged at its monetary policy meeting in November.
The BI targeted the country's inflation rate at 4±1%, but the headline inflation rate stood at 6.25% yoy in October. On the other hand, GDP growth of the economy is quite weak in Q3 as it stood at 4.73% yoy.
Household demand a key driving factor of the economy remained flat at 5% growth. Societe Generale foresees a rate hike by BI in December and next easing in Q1 2016.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…