Nomura’s Paracuelles Sees Next Bank Indonesia Rate Cut in 4Q

The transcript discusses the economic conditions influencing central bank decisions, highlighting the cautious approach due to external risks. It contrasts market expectations with economic realities, particularly in Indonesia, where bond yields and current account deficits play a significant role. The discussion also covers budget forecasts and the need for a slightly higher budget deficit to support economic growth amidst external headwinds.

What role does the Central Bank play in the current economic environment as per the conversation?

What are the external risks mentioned that could affect economic decisions?