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Business leaders are unsurprisingly imperfect at forecasting inflation, according to Bank of Jamaica researchers, who want inflation expectation surveys augmented with market data to improve predictability. A new BOJ working paper proposes to use...
By: Lisa Rowe #Jamaica, April 6, 2023 – The Central Bank is reporting that Jamaica’s inflation rate is decreasing. Data from the Statistical Institute of Jamaica (STATIN) show that the rate, which peaked at 11.8 per cent in April 2022, fell to 7.8 per cent in February 2023. Speaking during a Jamaica Information […]
KINGSTON, Jamaica – The Central Bank is reporting that Jamaica’s inflation rate is decreasing. Data from the Statistical Institute of Jamaica (STATIN) shows that the rate, which peaked at 11.8 per cen...
Bank of Jamaica Governor Richard Byles has slammed critics of the central bank's decision...
Bank of Jamaica Governor Richard Byles has slammed critics of the central bank's decision...