19 See the results of the March and May 2017 primary dealer surveys, which are available on the Federal Reserve Bank of New York’s website at https://www.newyorkfed.org/markets/primarydealer_survey_questions.html. 20 See David Harrison (2017), “Economists See Modest Impact from a Fed Balance-Sheet Reduction,” Wall Street Journal, May 11.
The policy taken by Thailand was based on its domestic considerations and economic interests. We also have our own considerations in formulating policies that match our own particular circumstances and interests. In this case, Bank Indonesia believes that the liberal capital account regime that has been implemented for many years remains congruent to our wider national interests.