Indonesia moves closer to rate cut on virus
(WorldNews Business)

Shares Indonesia’s central bank may be ready to cut interest rates again after a three-month pause as policy makers look to head off the impact of the coronavirus on Southeast Asia’s biggest economy. Bank Indonesia will probably lower its benchmark rate by 25 basis points to 4.75 percent Thursday, according to 19 of the 31 economists surveyed by Bloomberg. The rest see no change. The central bank, which reduced rates four times last year, has already flagged room for further easing. While Indonesia -- the world’s fourth most-populous nation -- is...