- BI kept it's benchmark rate at 4.75% amidst improvements in the real sector and weakening Rupiah.
- High geopolitical tension abroad amid some domestic concerns have led Rupiah to depreciated against a weakening dollar.
- Credit growth & lending rates have improved in December, a sign that previous stimulus measures are starting to yield positive results.
- BI may cut rates 1-2 more times this year, contingent on Fed's own move and IDR volatility.
