Indonesia central bank 'ready to ease' monetary policy, subject to Sept data
A woman walks past a poster of a one thousand rupiah coin inside Indonesia's central bank, Bank Indonesia, in Jakarta, Indonesia July 21, 2016. REUTERS/Iqro Rinaldi
Get inside Wall Street with StreetInsider Premium. Claim your 2-week free trial here.
JAKARTA (Reuters) - Indonesia's central bank is "ready to ease" monetary policy, subject to data in September, governor Agus Martowardojo told reporters on Friday.
"We see a possibility of monetary easing but subject to data and timing that we are confident with. We are ready to ease, but need to see data in September," he said.
Indonesia's inflation eased to below 3 percent for the first time since 2009 in August.
(Reporting by Nilufar Rizki; Writing by Fransiska Nangoy; Editing by Clarence Fernandez)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- U.S. wants to repair 'bad relations' with the Philippines: Duterte
- Poll: U.S. bull market seen extending into 2017 but Trump a wild card
- Turkmenistan's president must renounce torture: U.N. committee
Create E-mail Alert Related CategoriesReuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!