The US dollar on Thursday, February 13, ended trading at $158.20 up by 4 cents according to the Bank of Jamaica’s daily ...
BANK of Jamaica (BOJ) Governor Richard Byles has hinted that the central bank is contemplating legal recourse to get commercial banks to move interest rates in line with similar movements by BOJ.
Under its current guidance, the BOJ pledges to continue raising its short-term policy rate if economic and price developments move in line with its forecasts. "For the BOJ, there's really not much ...
Inflationary risks were building up as companies continue to pass on rising raw material and labour costs, which required lifting the BOJ's policy rate to levels deemed neutral to the economy ...
As such, we must support economic activity with loose monetary policy," Kazuhiro Masaki, director-general of the BOJ's monetary affairs department, told parliament. "Having said that, we will ...
Based on his own assessment, Hayakawa said he sees the BOJ’s terminal rate in this cycle somewhere around 1.5%. That’s higher than most analysts’ view, although it’s in line with a ...
Ahead of Trump’s inauguration, BOJ officials saw a good chance of a rate hike at the end of this week’s two-day meeting, provided the president didn’t unleash too many negative surprises ...
Bank of Japan (BOJ) Governor Kazuo Ueda said Friday the central bank must maintain an accommodative monetary policy to support economic growth and ensure the underlying inflation gradually moves ...
While the tight labour market is not a new trend, the BOJ's more vocal concerns about the resulting wage and inflationary pressures mean it will be more inclined to look past economic weakness as ...
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