Bank Indonesia’s off‑cycle rate hike on June 9 underscored just how alarmed policymakers are about the trajectory of Southeast Asia’s largest economy. It also serves as an early warning to the rest of the world about the financial and economic storm clouds gathering over emerging markets. BI’s 25‑basis‑point increase, which lifted the benchmark rate to […] The post Bad timing for Indonesia to be living dangerously again appeared first on Asia Times .