(Bloomberg) -- Indonesia's central bank will
probably cut its policy interest rate for the 13th time since
May last year to boost growth after inflation eased to a seven-
month low.
Bank Indonesia Governor Burhanuddin Abdullah will reduce
the rate used as a reference for bill sales by a quarter of a
percentage point to 8.25 percent, the lowest level since the
measure was introduced in July 2005, according to 10 of 16
economists surveyed by Bloomberg. The others in the survey
expect the rate to be unchanged. The decision is due tomorrow.
Read more at Bloomberg Bonds News
probably cut its policy interest rate for the 13th time since
May last year to boost growth after inflation eased to a seven-
month low.
Bank Indonesia Governor Burhanuddin Abdullah will reduce
the rate used as a reference for bill sales by a quarter of a
percentage point to 8.25 percent, the lowest level since the
measure was introduced in July 2005, according to 10 of 16
economists surveyed by Bloomberg. The others in the survey
expect the rate to be unchanged. The decision is due tomorrow.
Read more at Bloomberg Bonds News
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