Indonesia's Jokowi: Rates Could Go Lower, But Government Won't Intervene

The transcript discusses the global economic downturn, likened to winter, and its impact on Indonesia's interest rates, which are currently at 5.25%. The central bank's independence is emphasized, with the government refraining from intervention. While lower interest rates could benefit the real sector, the decision remains with Bank Indonesia. The conversation highlights the balance between government desires and central bank autonomy in managing monetary policy.

What is the current interest rate in Indonesia as mentioned in the video?

• 5.75%

• 6.0%

• 5.25%

• 4.5%

What is the speaker's view on the independence of Bank Indonesia?

• It should be privatized.

• The government should control it.

• It should remain independent.

• It should be partially controlled by the government.

According to the speaker, what would be beneficial for the real sector?

• Increasing government intervention

• Raising interest rates

• Lowering interest rates

• Keeping interest rates constant

What is the government's stance on intervening in Bank Indonesia's policy decisions?

• The government will intervene when necessary.

• The government will not intervene.

• The government will intervene to lower rates.

• The government will intervene only in emergencies.

How does the speaker's current statement about interest rates compare to their previous statement?

• They are more optimistic now.

• They have not changed.

• They are less aggressive now.

• They are more aggressive now.