THE train of higher interest rates is departing, and Bank Indonesia (BI) is getting left behind. Last week, the United States’ Federal Reserve raised interest rates again, this time by 0.75 percent. It was the fourth time the Fed has raised interest rates this year, with a total rate increase of two percent. The Fed’s interest now lies in the range of 2.25 percent to 2.5 percent. By contrast, BI is still holding its benchmark interest