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 : 173485684037.
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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