Jakarta’s interest rate cuts should help stimulate the economy in the short term and facilitate the government’s pursuit of its 5.2% growth target, but in the longer term cheaper capital if allocated ineffectively could weigh down the economy when interest rates eventually increase. In 2016, Bank Indonesia, the country’s central bank, cut interest rates 25 basis points on six occasions, and [Read more…] about Effective Capital Allocation Necessary for Indonesia To Harness Interest Rate Cuts