📈BOJ Raises Interest Rates to 6%
Published 3 days ago • 1 min read
BOJ Raises Interest Rates to 6%. What Does It Mean for You?
Jamaica’s central bank has raised interest rates to 6%, adding another pressure point for households already facing higher prices.
The Bank of Jamaica increased its policy rate from 5.5 to 6%, effective September 29.
That’s a half-percentage-point increase.
Annual inflation reached 7.9% percent in August, above BOJ’s target range of 4 to 6%...
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