March 20, 2024 Monthly Economic Review - February 2024 Disclaimer: Analyst Certification - The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part
March 20, 2024 The Statistical Institute of Jamaica (STATIN) reported that for February 2024, the point-to-point inflation rate was +6.2%; 1.2 percentage points lower than the prior point-to-point inflation rate. However, for the month of February 2024, the inflation rate was -0.6%. The main drivers of the monthly decrease (0.6%) were a 1.1% decline
March 20, 2024 United States: Fed to Give Fresh Clues on Path of Interest-Rate Cuts The Federal Reserve will likely avoid signaling an imminent rate cut this week, staying focused on stubborn inflation while keeping one eye on a slowly rising jobless rate. The Federal Open Market Committee is poised to keep rates in
March 19, 2024 United States: US Housing Starts Rise by Most Since May After Steep Decline New US home construction bounced back sharply last month from weather-related weakness at the start of the year as builders benefit from slightly more favorable mortgage rates and a dearth of existing houses for sale. Residential starts increased
March 18, 2024 The Limners and Bards Limited (LAB) for the first quarter ended January 31, 2024, reported an 11% decrease in operating revenue totalling $219.41 million compared to $247.76 million in the corresponding three months last year. Cost of operating revenue amounted to $130.42 million (2023: $155.75 million), this represents a decrease of
March 18, 2024 United States: Fed Hikes Slash Household Net Interest Income in Break From Past When the Federal Reserve raises interest rates, US households — in aggregate — usually get a boost to interest income that outweighs the extra cost of servicing debt. Not this time. The annual interest bill that Americans pay
March 15, 2024 Gas Price Movement - March 14, 2024 Disclaimer: Analyst Certification - The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no
December 15. 2024 Indies Pharma Jamaica Limited (INDIES) for the first quarter ended January 31, 2024, reported a 5% increase in revenue totalling $269.38 million compared to $255.64 million in the corresponding three last year. Cost of sales amounted to $79.89 million (2023: $80.37 million), this represents a decrease of 1% year over year.
March 15, 2024 United States: Fed Seen Sticking With Three 2024 Cuts Despite Higher Inflation A recent pickup in inflation isn’t likely to shift Federal Reserve policymakers’ forecasts for three interest-rate cuts this year and four in 2025, according to economists surveyed by Bloomberg News. The Federal Open Market Committee will keep rates steady
March 14, 2024 United States: US Producer Prices Jump, Adding to Signs of Persisting Inflation Prices paid to US producers rose in February by the most in six months, driven by higher fuel and food costs that add to evidence inflation remains elevated. The producer price index for final demand increased 0.6% from January,
