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Two Reasons Bank Indonesia still has Room to cut Interest Rates

Bank Indonesia (BI) believes there is still room to lower its benchmark interest rate, citing low inflation and the need to support economic growth. Since the start of 2025, the central bank has cut its benchmark interest rate five times. However, during the BI Board of Governors Meeting on October 21-22, 2025, the BI-Rate was kept steady at 4.75 percent. [...]