265, September and Ehrmann, M., Ferrucci, G., Lenza, M. and D. O’Brien (2018), Measures of underlying inflation for the euro area, ECB Economic Bulletin issue 4, 2018. 15. For a more detailed discussion see Lane, P.R. (2022), "Bottlenecks and monetary policy" ECB Blog, 10 February. 16.
Due to the deceleration of economic growth experienced by Indonesia, it is critical for Bank Indonesia as the authority in the field of macro-prudential to continue maintaining the stability of financial system. Especially, as the dynamics of the global financial system continue to remain under uncertainties.