【环球财经】印尼央行再降息25个基点至5%

Core Points - The Bank of Indonesia announced a 25 basis point cut in the benchmark 7-day reverse repo rate to 5%, marking the fifth rate cut since September last year and the lowest level since October 2022 [1] - The central bank aims to support economic growth while maintaining low inflation and stability of the Indonesian Rupiah, with inflation expected to remain within the target range of 2.5%±1% for this year and next [1] - Indonesia's GDP grew by 5.12% year-on-year in the second quarter, the highest growth rate in two years, while July's inflation rate rose to 2.37%, the highest in a year but still within the central bank's target [1] - The central bank projects GDP growth of 5.1% in 2025, driven by consumption, exports, and government spending, with an emphasis on increasing exports of mineral products, palm oil, and fishery products [1] - The central bank has urged banks to improve credit allocation efficiency, as credit growth slowed to 7.03% in July, and has implemented measures to enhance liquidity support [1] Market Reaction - Following the rate cut announcement, the Indonesian stock market responded positively, with the Jakarta Composite Index closing at 7939 points, up 0.97%, reaching a historical high, indicating strong recovery momentum and capital inflow trends, particularly in the financial, infrastructure, and agriculture sectors [2]