JAKARTA: Bank Indonesia governor Perry Warjiyo said clarity on the gradual pace of US interest rate hikes was one of the key takeaways of this week’s International Monetary Fund (IMF) and World Bank meetings in Bali.
The signals on policy normalisation from the US Federal Reserve officials and other developed market central bankers were among the “positive” outcomes of the talks, and should hopefully ease pressure in financial markets, especially in emerging economies, Warjiyo said in an interview with Bloomberg TV’s Haslinda Amin in Bali on Saturday.