🚨 Breaking News! 🚨

Indonesia's central bank just pulled a surprise move, cutting the benchmark rate by 25 basis points to 6.00%! This is the first rate cut since Feb 2021. Only 3 out of 33 economists saw this coming! 📉

- Overnight deposit rate now at 5.25%

- Lending facility rate down to 6.75%

BI aims to boost growth in SE Asia's largest economy, just as the US is expected to start easing too. What do you think this means for the forex and crypto markets? 💬 Drop your thoughts below!

#Forex #Economy #Crypto #Indonesia #RateCut