Monetary Policy Press Release – March 2024
BANK OF JAMAICA MAINTAINS POLICY STANCE Bank of Jamaica’s Monetary Policy Committee (MPC), at its meetings on 26 and 27 March 2024, unanimously agreed to maintain: (i) the policy interest rate (the...
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Summary of Decisions – March 2024
Summary ofMonetary Policy Discussion and DecisionsMarch 2024 At its meetings on 26 and 27 March 2024, the Monetary Policy Committee (MPC) noted the following: Jamaica’s headline inflation rate at...
View ArticleMonetary Policy Press Release – May 2024
BANK OF JAMAICA MAINTAINS POLICY STANCE Bank of Jamaica’s Monetary Policy Committee (MPC), at its meetings on 16 and 17 May 2024, unanimously agreed to maintain: (i) the policy interest rate (the rate...
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Summary of Decisions – May 2024
Summary ofMonetary Policy Discussion and DecisionsMay 2024 At its meetings on 16 and 17 May 2024, the Monetary Policy Committee (MPC) noted the following: Jamaica’s headline inflation rate at April...
View ArticleMonetary Policy Press Release – June 2024
BANK OF JAMAICA PIVOTS TO EASING MONETARY POLICY Over the past three years, Bank of Jamaica (BOJ) has tightened monetary policy by utilising a three-pronged approach. Specifically, the Bank has:...
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Summary of Decisions – June 2024
Summary ofMonetary Policy Discussion and DecisionsJune 2024 At its meetings on 26 and 27 June 2024, the Monetary Policy Committee (MPC) noted the following: Over the past three years, Bank of Jamaica...
View ArticleMonetary Policy Press Release – August 2024
BANK OF JAMAICA REDUCES POLICY RATE Bank of Jamaica’s (BOJ’s) Monetary Policy Committee (MPC), at its meetings on 16 and 19 August 2024, assessed that the prevailing economic environment is conducive...
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Summary of Decisions – August 2024
Summary ofMonetary Policy Discussion and DecisionsAugust 2024 At its meetings on 16 and 19 August 2024, the Monetary Policy Committee (MPC) noted the following: Headline inflation is becoming more...
View ArticleMonetary Policy Press Release – September 2024
BANK OF JAMAICA REDUCES POLICY RATE TO 6.5 PER CENT Bank of Jamaica’s (BOJ’s) Monetary Policy Committee (MPC), at its meetings on 26 and 27 September 2024, decided to: (i) reduce the policy rate by 25...
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Summary of Decisions – September 2024
Summary ofMonetary Policy Discussion and DecisionsSeptember 2024 At its meetings on 26 and 27 September 2024, the Monetary Policy Committee (MPC) noted the following: Annual headline inflation at...
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