NUSA DUA, Indonesia (Reuters) – Indonesia central bank governor Perry Warjiyo said on Sunday when the country’s inflation starts picking up fundamentally, Bank Indonesia will not hesitate to respond with an interest rate hike.
A well-communicated and well-planned timeline will be important for the central bank to make adjustments to its interest rate policy, Warjiyo said at a seminar on the sidelines of G20 finance leaders meeting in the resort island of Bali.
(Reporting by Stefanno Sulaiman, Fransiska Nangoy; Editing by Kanupriya Kapoor)
