Indonesia's Warjiyo sees low-rate environment lasting a longer time
Central bank governor says many central banks have become more dovish, and the outlook is more pessimistic
Jakarta
THE global slowdown and trade war have created an environment in which "low interest rates for longer" is the new normal, Bank Indonesia governor Perry Warjiyo said.
The US-China trade war "isn't helping anybody" and only serves as a reminder that "if you prolong the game of thrones, the kingdom will fall apart," Mr Warjiyo told a conference in Jakarta on Tuesday, referring to the medieval fantasy TV series.
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