Monetary Policy Direction in 2022 NORMALIZATION OF GLOBAL LIQUIDITY POLICY  GLOBAL FISCAL CONSOLIDATION  FFR HIKE IN 2023 AND 2024  SUPPORT DOMESTIC ECONOMIC RECOVERY  POLICY MIX BASED MONETARY POLICY:  PREEMPTIVE, AHEAD THE CURVE, FRONT LOADING  1  EXTERNAL RESILIENCE THROUGH YIELD FLEXIBILITY & EXCHANGE RATE STABILIZATION IN SYNERGY WITH MINISTRY OF FINANCE  Rp  Yield  STRENGTHENING INTEGRATED MONETARY MANAGEMENT STRATEGIES  2  3 COORDINATION WITH GOVERNMENT  SEQUENCING POLICY FOR THE STABILIZATION OF EXCHANGE RATE, LIQUIDITY, AND INTEREST RATE IN 2022  Stabilization Of Exchange Rate  Exchange rate stabilization through triple intervention in anticipation of the normalization of global monetary policy  Liquidy  Gradual absorption of liquidity through contraction of Monetary Operations and an increase in the Statutory Reserves (GWM) taking into account bank credit and Government SBN issuance  Interest Rate  Low interest rates until there are signs of rising inﬂation taking into account economic growth  OPTIMIZATION OF FOREIGN EXCHANGE RESERVE MANAGEMENT  RUPIAH AND FOREX MARKET DEEPENING  1.
INFLATION CONTROL 2. FISCAL FINANCING 3.