Currently, many countries are laboring under the threat of a global recession triggered by several factors, including the Russia-Ukraine conflict.
Amid the .
Indonesia’s inflation drops to almost below 3 percent Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.
Inflation dropped more than expected last month, maintaining a trend that began in March, yet experts do not expect Bank Indonesia (BI) to cut its benchmark interest rates this year, as imported inflation remains a risk.
(Bloomberg) Indonesia and the Philippines are expected to leave their key interest rates unchanged Thursday and sustain the pause through 2023, amid easing price pressures.Most Read from BloombergTitanic Sub Hunt Chases Mystery Noises as Air Supply Runs LowChina Says Biden Calling Xi a Dictator Is ‘Provocation’Powell Signals Higher Rates as Lawmakers Press Him on Bank RulesThese Are World’s Most Expensive Cities for High-Class LivingModi Meets With Elon Musk and Ray Dalio as Global Money Floc