Bank of Korea Expected to Hold Interest Rates as Weak Won Limits Policy Easing 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
Japan Declines Comment on BOJ’s Absence From Global Support Statement for Fed Chair Powell. Source: Asturio Cantabrio, CC BY-SA 4.0, via Wikimedia Commons 
Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C. 
ECB Signals Steady Interest Rates as Fed Risks Loom Over Outlook 
Indonesia's December CPI dropped to 3.35% YoY on a sluggish growth, last seen in December 2009. As the economy decided to increase the domestic retail prices of diesel and gasoline in December 2014 with a motive of drastically cutting its weakening petroleum subsidy, the Headline inflation dropped sharply than the market's expectations. The central bank has adequate monetary policy space, as Headline inflation is currently well within its target of 4±1 percent.
Bank of Indonesia was all set for a rate cut in December 2015; however, with Feds rate hike and further weakening of the currency, the central bank remained on hold. With the next Fed rate hike likely scheduled in March, BI sees an adequate window of opportunity for a rate cut, which is expected to put the economy back on track.
"The Bank Indonesia to opt for a rate during the first monetary policy meeting in 2016"- Societe Generale
