September 9, 2024 Jamaica Broilers Group Limited (JBG) Unaudited financials for the first quarter ended July 27, 2024: Jamaica Broilers Group Limited (JBG) for the first quarter ended July 27, 2024, reported a slight increase in revenue totalling $23.45 billion compared to $23.39 billion in the corresponding three months last year. Cost of Sales amounted
September 9, 2024 Net International Reserves – August 2024 BOJ has reported that Jamaica's Net International Reserves as at August 31, 2024 stood at US$5,004.89 million, reflecting a decrease of US$62.90 million when compared to the US$5,067.79 million reported at the end of July 2024. Foreign Assets totalled US$5,083.14 million, US$61.84 million less than the US$5,144.98 million reported in July 2024. 'Currency & Deposits' held by the
September 9, 2024 United States: Treasuries Slip With Traders Divided on Pace of Fed Rate Cuts Treasuries fell as traders looked to US inflation data later this week for further clues on how much the Federal Reserve will cut interest rates this year. Yields on two-year notes — among the most sensitive to changes in
September 6, 2024 GDP growth in the euro area and the EU According to Eurostat, seasonally adjusted GDP increased by 0.2% in both the Euro Area and the EU in the second quarter of 2024, compared to the previous quarter. In the first quarter of 2024, GDP increased by 0.3% in both zones. In the
September 6, 2024 United States: Fed’s Williams Says Now Appropriate to Lower Interest Rates Federal Reserve Bank of New York President John Williams said it is now appropriate for the central bank to reduce interest rates, given progress on lowering inflation and a cooling in the labor market. Williams said there had been “significant progress”
September 5, 2024 United States: Wall Street’s Big Bet on Jumbo Fed Cuts Hangs on US Jobs Report The bold bet from the likes of Citigroup Inc. and JPMorgan Chase & Co. that the Federal Reserve will slash interest rates by a half-percentage-point this month faces its biggest test yet from Friday’s US jobs report.
September 4, 2024 United States: US Mortgage Rates Continue to Ease on Expectations of Fed Move US mortgage rates fell last week to their lowest level since April 2023, prompting potential homebuyers to apply for loans at a faster clip. The contract rate on a 30-year fixed mortgage fell slightly to 6.43% in the week
