PRESS RELEASE: BOJ announces increase in policy interest rate to 6.50% effective September 30 2022
Chase Ashley2022-09-29T17:27:26-05:00September 29, 2022 BANK OF JAMAICA TIGHTENS MONETARY POLICY FURTHER While the key drivers of inflation and other economic indicators are trending in the right direction, conditions have not sufficiently solidified to ensure that inflation is sustainably on a downward path. Bank of Jamaica is also concerned about the slow pace at which interest