Economics, Econometrics and Finance
4 years ago

High Interest Rates and Money Supply Drive Inflation in Indonesia!

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Media Ekonomi dan Manajemen
The Impact of BI Interest Rate and Amount of Money Supply on Inflation in Indonesia During 2017-2019
Putri Sari Margaret Julianty Silaban, Dita Natania Harefa, Januarti Ira Melenia Napitupulu, Jessica Putri Br. Sembiring

Paper Summary

The study looked at how interest rates and the amount of money in circulation affect inflation in Indonesia from 2017 to 2019. They used data from BPS for this period. The results showed that both interest rates and the money supply have a significant impact on inflation.

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