BOJ holds policy rate at 7%
Bank of Jamaica held its policy interest rate at 7 percent, citing concerns that there are likely to be temporary…
Point-to-Point Inflation Now Back Within BOJ’s Target Range
For April 2023, the All-Jamaica Consumer Price Index (CPI) decreased by 0.4% when compared to the previous month. https://www.ncbcapitalmarkets.com/research/latestnews/4771-point-to-point-inflation-now-back-within-boj-s-target-range
BOJ CD rate dips under 8%
BOJ CD rates dipped under 8 percent for the first time since October 2022, data out of the Bank of…
BOJ CD rate falls again
Rates payable on Bank of Jamaica CD instruments declined for six consecutive weeks… http://icinsider.com/boj-cd-rate-falls-again/#utm_source=rss&utm_medium=rss&utm_campaign=boj-cd-rate-falls-again BOJ CD rate lowest since October…
Consumer and business confidence down in 1st quarter of 2023
Consumer and business confidence reduced slightly in the first quarter of 2023 compared with the fourth quarter of 2022, according…
Near US$500 million in remittances flow in first two months of 2023
DESPITE A dip in inflows in the month of February, remittance flows may replay the performance of the year ended,…
Monthly inflation in Jamaica 2021 to 2023
Jamaica is currently enjoying the longest stretch of low inflation from November last year… http://icinsider.com/monthly-inflation-in-jamaica-2021-to-2023/#utm_source=rss&utm_medium=rss&utm_campaign=monthly-inflation-in-jamaica-2021-to-2023
Consumers facing second-round interest rate hike on loans
Consumers are set to pay more out of pocket to service their existing loans as different financial institutions adjust their…
Local Point to Point Inflation Falls to 6.2% in March
For March 2023, the All-Jamaica Consumer Price Index (CPI) increased by 0.1 per cent. The point-to-point inflation rate (March 2022-March…
Interest rates are down again
Interest rates declined in the latest auction of CDs placed on the market by the Bank of Jamaica, with the…