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 does the speaker believe would be beneficial for the real sector?

What is the speaker's current stance on the interest rates compared to their previous statements?