BANK OF JAMAICA REDUCES MONETARY ACCOMMODATION
Rochelle Muncey2021-10-01T10:13:52-05:00October 01, 2021 Bank of Jamaica (BOJ) announces its decision to increase the policy interest rate (the rate offered to deposit-taking institutions on overnight placements with BOJ) by 100 basis points to 1.50 per cent per annum, effective 01 October 2021. Accompanying this rate increase, the Bank decided to continue implementing measures to contain Jamaican