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Profit Opportunities After Interest Rate Cut

Monday, September 23, 2024

The Fed and Bank Indonesia cut rates, allowing the banks to gain maximum profit.

arsip tempo : 173219249143.

Ilustration by Alvin Siregar. tempo : 173219249143.

THE season of falling interest rates has arrived. Following the Federal Reserve’s 0.5 percent cut to its benchmark rate last Wednesday, Bank Indonesia (BI) followed suit by trimming its BI-Rate by 0.25 percent or to 6 percent the following day.

In theory, this should be good news. A reduction in the BI-Rate should lower various lending rates for corporations and consumers, which would positively affect the economy, especially if BI co

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Yopie Hidayat

Bank Indonesia BI Rate weekly economic review The Fed Interest Rate Banking Industry savings
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