Bank Indonesia's July Decision Likely a Tactical Pause

Dow Jones

Jul 23

0119 GMT - Indonesia's central bank is likely to deliver another 25 bps rate hike in 3Q, bringing its benchmark rate to 6.00% by the year-end, RHB economist Wong Xian Yong says in a note. He views July's decision to keep rates unchanged as a tactical pause rather than the end of the tightening cycle. Future policy decisions are expected to be driven primarily by rupiah stability rather than domestic macroeconomic conditions alone, he reckons. A sustained rupiah above 18,000 versus the dollar, renewed foreign portfolio outflows and higher U.S. Treasury yields could prompt further tightening, while contained inflation and moderating growth could allow the central bank to remain on hold, he adds. (yingxian.wong@wsj.com)

(END) Dow Jones Newswires

July 22, 2026 21:19 ET (01:19 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.gotigerhk.com/news/2653797936"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2653797936\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2653797936?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-23 09:19","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2653797936","market":"us","top_or_hot":-1,"title":"Bank Indonesia's July Decision Likely a Tactical Pause","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0119 GMT - Indonesia's central bank is likely to deliver another 25 bps rate hike in 3Q, bringing its benchmark rate to 6.00% by the year-end, RHB economist Wong Xian Yong says in a note. He views July's decision to keep rates unchanged as a tactical pause rather than the end of the tightening cycle. Future policy decisions are expected to be driven primarily by rupiah stability rather than domestic macroeconomic conditions alone, he reckons. A sustained rupiah above 18,000 versus the dollar, renewed foreign portfolio outflows and higher U.S. Treasury yields could prompt further tightening, while contained inflation and moderating growth could allow the central bank to remain on hold, he adds. (yingxian.wong@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 22, 2026 21:19 ET (01:19 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bank Indonesia's July Decision Likely a Tactical Pause</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBank Indonesia's July Decision Likely a Tactical Pause\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-07-23 09:19</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0119 GMT - Indonesia's central bank is likely to deliver another 25 bps rate hike in 3Q, bringing its benchmark rate to 6.00% by the year-end, RHB economist Wong Xian Yong says in a note. He views July's decision to keep rates unchanged as a tactical pause rather than the end of the tightening cycle. Future policy decisions are expected to be driven primarily by rupiah stability rather than domestic macroeconomic conditions alone, he reckons. A sustained rupiah above 18,000 versus the dollar, renewed foreign portfolio outflows and higher U.S. Treasury yields could prompt further tightening, while contained inflation and moderating growth could allow the central bank to remain on hold, he adds. (yingxian.wong@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 22, 2026 21:19 ET (01:19 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ASEA","symbol_name":"Global X FTSE Southeast Asia ETF","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2653797936","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2653797936","pubTimestamp":1784769540,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0119 GMT - Indonesia's central bank is likely to deliver another 25 bps rate hike in 3Q, bringing its benchmark rate to 6.00% by the year-end, RHB economist Wong Xian Yong says in a note. He views July's decision to keep rates unchanged as a tactical pause rather than the end of the tightening cycle. Future policy decisions are expected to be driven primarily by rupiah stability rather than domestic macroeconomic conditions alone, he reckons. A sustained rupiah above 18,000 versus the dollar, renewed foreign portfolio outflows and higher U.S. Treasury yields could prompt further tightening, while contained inflation and moderating growth could allow the central bank to remain on hold, he adds.  Dow Jones NewswiresJuly 22, 2026 21:19 ET Copyright  2026 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ASEA":"Global X FTSE Southeast Asia ETF"},"translate_title":"印尼央行七月的决定可能是战术性暂停","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ASEA":1.5},"content_text":"0119 GMT - Indonesia's central bank is likely to deliver another 25 bps rate hike in 3Q, bringing its benchmark rate to 6.00% by the year-end, RHB economist Wong Xian Yong says in a note. He views July's decision to keep rates unchanged as a tactical pause rather than the end of the tightening cycle. Future policy decisions are expected to be driven primarily by rupiah stability rather than domestic macroeconomic conditions alone, he reckons. A sustained rupiah above 18,000 versus the dollar, renewed foreign portfolio outflows and higher U.S. Treasury yields could prompt further tightening, while contained inflation and moderating growth could allow the central bank to remain on hold, he adds. (yingxian.wong@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 22, 2026 21:19 ET (01:19 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}