Bank of Jamaica’s Wynter on the path to inflation targeting

L to R: Brian Wynter and Christopher Jeffery
L to R: Brian Wynter with Central Banking’s Christopher Jeffery
Felipe Iturra

Jamaica is transferring to an inflation-targeting framework. Where are you in the legislative process?

The government has decided in principle that it would take the legislative steps for the central bank to move to fully fledged inflation targeting as the monetary policy framework for Jamaica. So first we have to move from ‘in principle’ to specific legislation. We are working closely with the ministry of finance on the detailed proposals that would need to inform the legislative amendments

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