Indonesia Central Bank Set for Dovish Hold, With Eyes on the Fed [Yahoo! Finance]
Citigroup, Inc. (C)
Last citigroup, inc. earnings: 4/15 08:00 am
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Source: Yahoo! Finance
Most Read from Bloomberg Bank Indonesia will leave the BI-Rate unchanged at 6.25% for a fifth straight month on Wednesday, according to 26 of 36 economists in a Bloomberg News survey. The rest expect a quarter-point reduction to 6%. Even as more economists joined the dovish camp ahead of the Sept. 18 decision, the consensus was for Governor Perry Warjiyo to stick to his guidance of starting loosening in the fourth quarter. The BI, whose key mandate is currency stability, will likely wait for the Federal Reserve to commence easing, intent on giving the rupiah more headroom before embarking on its own rate cuts. The policy rate remains at its highest since 2016, despite inflation cooling to well within the central bank's 1.5%-3.5% target. “Although global and domestic developments continue to support an eventual start to the BI cutting cycle, it is unclear whether they are enough to move forward BI's rate cut timeline from the 4Q previously guided,” said Citigroup Inc. economis
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News
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C
Earnings
- 7/12/24 - Beat
C
Sec Filings
- 9/19/24 - Form FWP
- 9/19/24 - Form 424B2
- 9/19/24 - Form FWP
- C's page on the SEC website