Bank Indonesia to cut twice in Q4 as Fed easing shores up FX confidence, Reuters poll shows

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BENGALURU : Bank Indonesia (BI) will cut interest rates twice more this year following a surprise reduction on Sept. 18, a Reuters poll of economists predicted, as a stronger rupiah and subdued inflation allows the central bank to focus on supporting growth. In cutting rates just hours before the U.S. Federal Reserve slashed its policy rate by 50 basis points last week, BI Governor Perry Warjiyo signaled a policy shift from keeping the rupiah currency stable to a balance between that and

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