Bank of Jamaica continues with monetary easing

Jamaica dollar - Getty.jpg

The Bank of Jamaica has lowered its policy rate in the latest in a string of measures to ease monetary conditions in the economy.

The central bank reduced its policy rate by 50 basis points to 0.75% on May 20, following a series of monetary easing adjustments earlier this year aimed at stimulating inflation.

Rates have now been lowered three times this year, by a total of 100bp, while reserve requirements have been reduced twice, by a total of five percentage points to 7%.

Inflation has been

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: