Bank Indonesia Ending its Hike Cycle, Says HSBC's Incalcaterra

The video discusses the actions of Asian central banks, particularly the Bank of Thailand and Bank Indonesia, in response to the Federal Reserve's monetary policy. It highlights the potential end of the Fed's rate hike cycle and its implications for Asian economies. The Bank of Thailand is expected to raise rates to prepare for future downturns, while Bank Indonesia may deliver one more hike to counter negative sentiment and manage its current account deficit. The video also explores the impact of a dovish Fed on trade tensions and emerging Asian assets, with a focus on Indonesia's policy measures and currency pressures.

How many more rate hikes does the Fed anticipate for the next year?

What is the expected action of the Bank of Thailand regarding interest rates this week?

What impact did the surprise rate hike in November have on the Indonesian currency?

What are the two main reaction functions of Bank Indonesia?

What could be a key driver for Bank Indonesia's short-term reaction function?