JER
Vol. 8 No. 1 (2025): March-August

The Impact of Monetary Policy on Inflation in Indonesia

Sari, Sari (Unknown)
Aji, Kunto (Unknown)



Article Info

Publish Date
05 Jun 2025

Abstract

Interest rates and money supply in Indonesia are regulated through monetary policy. As the holder of the monetary authority, Bank Indonesia implements monetary policy in an effort to stabilize the Indonesian economy. Inflation as a monetary phenomenon tends to cause shock that impact on economic growth, money supply, interest rates, and the rupiah exchange rate. This to study investigates what monetary policies affect inflation and how significant the influence is on the inflation rate in Indonesia. This study uses a quantitative approach and using multiple regression analysis. The data used are secondary data from the Indonesian Central Statistics Agency and Bank Indonesia from 2011.1 - 2023.4. The secondary data is estimated using the OLS (Ordinary Least Square) method and processed using the Eviews 12.0 Program. The results of this study indicate that money supply has a very negative and significant effect on the inflation rate

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Journal Info
JER

Abbrev

JER

Publisher

Subject

Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Jurnal Economic Resource_(JER) is open access. This journal is published in _ March & September. Journal of Economic Resources|e-ISSN 2620-6196] is a peer-reviewed journal published twice a year (March & September) by the Faculty of Economics and Business, Universitas Muslim Indonesia_UMI. Journal ...