BOJ maintains Policy Interest Rate at 7%
Shaneille Anderson2023-11-22T10:10:58-05:00November 22, 2023 The Bank of Jamaica's Monetary Policy Committee (MPC) has decided, unanimously, to maintain the policy interest rate at 7.0%, preserve tight Jamaican dollar liquidity conditions, and ensure stability in the foreign exchange market. This decision is based on the MPC's assessment that, although October 2023 inflation is within the target range, it