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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
Add BT as a preferred sourcePublished Tue, Oct 29, 2019 · 09:50 PM
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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