world-economy

Indonesia's Central Bank Chief-Designate Pledges Policy Independence Amid Growth Push

Destry Damayanti, Indonesia's prospective Bank Indonesia governor, committed to maintaining monetary authority autonomy while working closer with government officials to balance economic stability and growth objectives. Her stance aligns with broader regional central banking trends as policymakers across Asia navigate competing pressures. Thailand's central bank held rates steady for a third consecutive session to support economic recovery from elevated energy costs tied to Middle East tensions. Hungary's monetary authority delivered a third consecutive rate cut, with officials reassessing inflation targets as price growth eased to decade lows. International monetary authorities have stressed the importance of central bank independence. Global institutions urge governments to address mounting fiscal pressures as economies face headwinds.