Video: BI Rate Forecast to Hold Steady – Investors Monitor BI Independence

In line with market consensus, Chief Investment Officer of UOB Asset Management Indonesia, Albert Z. Budiman, projects that Bank Indonesia will hold the BI Rate at 5.75% at its August 2026 Board of Governors meeting. However, given the potential for the Federal Reserve to raise the Fed Funds Rate once more at the end of the year, the BI Rate could also rise to maintain the spread and Indonesia’s attractiveness. On the other hand, the market continues to monitor Bank Indonesia’s independence after Perry Warjiyo stepped down as Governor of Bank Indonesia, which is closely linked to investor confidence in the credibility of Indonesia’s central bank. Amid current market volatility, Albert Z. Budiman noted that the commodity sector remains attractive, in line with the trend of relatively high commodity prices.