United States: Fed Pivots Toward Jumbo Hikes After Being Slammed as Too Slow “Federal Reserve officials, rattled by persistent inflation and criticism that they’re behind the curve, have pivoted toward an even more aggressive plan of interest-rate hikes than they signaled earlier this month to ensure price increases cool. In the days after the March
United States: U.S. Labor Powers On as Price Gauge Hits 40-Year High: Eco Week “U.S. jobs and wages probably kept growing robustly in March and a key inflation measure may have reached a new 40-year high, reports that could push the Federal Reserve toward removing monetary stimulus even faster. Employers probably added close to a
March 28, 2022 Weekly Picks 28.03.22 JBG Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is,
March 25, 2022 According to the U.S. Bureau of Labor Statistics, unemployment rates fell in 31 states and the District of Columbia in February and were unchanged in 19 states. Fifty states and the District had lower unemployment rates than a year ago. The national unemployment rate, 3.8%, fell by 0.2 percentage point in a
United States: U.S. Restores Waivers for Some Chinese Goods Hit by Tariffs “The Biden administration plans to reinstate exemptions from Trump-era tariffs on about two-thirds of Chinese products that were previously granted waivers, most of which expired by the end of 2020. The U.S. Trade Representative’s office is reinstating the exclusions for 352 items, it
March 24, 2022 Guardian Holding Limited (GHL), for the year ended December 31, 2021, reported Insurance premium income of TT$7.01 billion, 9% higher than the TT$6.45 billion reported for 2020. As a result, Insurance premium ceded to reinsurers increased by 11% to TT$2.34 billion from TT$2.10 billion for the year ended December 31, 2020. Underwriting expenses amounted to TT$4.08
March 24, 2022 Speaking at the Caribbean Investment Forum, March 22, 2022, His Excellency Dr Irfaan Ali said that the Caribbean region is a stable platform with all of the components for a modern and emerging economy. President Ali highlighted the region’s economic potential and spoke extensively about opportunities in environmental services, the blue economy,
United States: U.S. Capital Goods Orders Decline for First Time in a Year “Orders placed with U.S. factories for business equipment unexpectedly declined in February for the first time in a year, likely representing a pause in capital spending after a sharp rise a month earlier. The value of core capital goods orders, a proxy
March 23, 2022 First Rock Capital Holdings Limited (FIRSTROCK) has advised that through its subsidiary, FCH Jamaica Assets Limited, the Company recently acquired a 3-acre property in Kingston 6, Jamaica for US$5,000,000.00. FIRSTROCK has also advised that the Company has entered into a Joint Venture Agreement for the development of luxury villas in St. Thomas.
March 23, 2022 To offset the growing cost of fuel, Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke announced that the Jamaican government will offer $25,000 in vouchers to operators of public passenger vehicles, including route taxi and contract carriage carriers. This programmme will cost little more than $600 million. While
