Jamaica cuts rates as outlook for inflation improves – Central Banking
Skip to main content
End of drawer navigation content
Figure expected to return to target by December, central bank says
The Bank of Jamaica on February 23 cut its policy rate by 25 basis points to 5.5% and said the direct impact of last year’s hurricane on inflation had been less severe than expected.
The bank said the cut – its first since last May – had been made possible by a better-than-expected improvement in agricultural supplies and a rally in the Jamaican dollar over recent months, both of which would support lower inflation over the months ahead.
“Inflation is now projected to generally trend within
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: www.centralbanking.com/subscriptions
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com
Sorry, our subscription options are not loading right now
Please try again later. Get in touch with our customer services team if this issue persists.
New to Central Banking? View our subscription options
If you already have an account, please sign in here.
You already have an account with one of the websites below that uses this email address.
Risk.net, FX Markets.com, WatersTechnology.com, Central Banking.com, PostOnline.co.uk, InsuranceAge.co.uk, RiskTechForum.com and Chartis-Research.com.
Please use your existing password to sign in.
All fields are mandatory unless otherwise highlighted
Most read articles loading…
Back to Top
You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.
Sign in
You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.
Sign in
You are currently on corporate access.
To use this feature you will need an individual account. If you have one already please sign in.
Sign in.
Alternatively you can request an individual account
.
