Bank Of Jamaica Further Reduces Monetary Accommodation
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 50 basis points to 2.50 per cent per annum, effective 21 December 2021. Accompanying this rate increase, the Bank decided to maintain other measures to contain Jamaican dollar liquidity expansion and to ensure that further...





