BOJ maintains Policy Interest Rate at 7%
Shaneille Anderson2023-08-21T15:37:19-05:00August 21, 2023 The Monetary Policy Committee (MPC) of the Bank of Jamaica (BOJ) unanimously decided to maintain the policy interest rate at 7%. The committee’s decision to maintain the rate represents their view of material success in controlling core inflation (which excludes food and fuel prices) aided by the Bank’s management of the exchange