印尼央行行长：经济复苏势头增强 央行加码流动性支持并敦促银行降贷

Group 1 - The core viewpoint is that Indonesia's economy showed strong performance in Q2, with GDP growth exceeding expectations driven by investment, household spending, and export growth [1] - The central bank expects the full-year economic growth for 2025 to be above the midpoint of the target range of 4.6% to 5.4%, with improved growth momentum anticipated in the second half of the year [1] - Despite global economic pressures, particularly from U.S. tariffs affecting global trade, Indonesia's economy demonstrates resilience [1] Group 2 - Inflation remains low, with July's inflation rate indicating that core inflation is expected to stay within target ranges, reflecting significant domestic capacity and manageable import inflation risks [1] - The central bank maintains its expectation for low inflation rates in 2025 and 2026, aligning with targets [1] - The central bank has cut policy rates by 100 basis points since September of the previous year, emphasizing the need for commercial banks to lower loan rates to support credit expansion and economic growth [1][2] Group 3 - The central bank has actively purchased government bonds to enhance market liquidity, with a total purchase amounting to 186.06 trillion Indonesian Rupiah as of August 19 [2] - The central bank is adjusting liquidity management tools, as indicated by a significant decrease in the outstanding balance of Indonesian Rupiah Securities (SRBI) from 916.97 trillion Rupiah at the beginning of 2025 to 720.01 trillion Rupiah by August 15 [2] - The Indonesian Rupiah has shown strength, supported by capital inflows and export revenue conversion, with the central bank implementing a "triple intervention" strategy to maintain exchange rate stability [2] Group 4 - The central bank maintains its current account deficit forecast for 2025 at 0.5% to 1.3% of GDP, with Q2's current account deficit remaining at a low level, indicating a robust external balance [3]