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Business & Finance

Indonesia unexpectedly cuts rates and lowers growth forecast

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Indonesia’s central bank has unexpectedly cut interest rates despite a weakening rupiah, citing slowing growth momentum in south-east Asia’s largest economy. Bank Indonesia on Wednesday reduced its benchmark interest rate by 0.25 percentage points to […]

Business & Finance

South Korea lowers interest rates over Trump fears

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The Bank of Korea on Thursday cut interest rates unexpectedly in a rare back-to-back move reflecting concern over the impact of Donald Trump’s second presidency on Asia’s fourth-largest economy. The BoK lowered the […]