In this regard, Bank Indonesia believes that the impact of the BI7DRR rate hike on bank  lending rates and medium-long-term SBN yields will not be too large, although interbank and deposit rates and short-term SBN yields will adjust. This considering that the current loose liquidity conditions in the banking industry and the economy will be maintained by Bank Indonesia.
The medium term for central banks, as regards the definition of price stability, is a duration of several years. Therefore the 12 years since the launch of EMU is an appropriate length of time to allow for a review of whether medium term goals have been met. As regards Monetary Union the first aim is price stability, the primary mandate of the ECB.