Jamaica Interest Rate Decision
The Bank of Jamaica participates in open market operations by selling 30-day instruments. Since July 1, 2017, the Bank has altered the benchmark interest rate to the rate paid on overnight deposits held by deposit-taking institutions (DTIs) rather than the rate paid on 30-day certificates of deposit.
A higher than expected figure should be seen as positive (bullish) for the JMD while a lower than expected figure should be seen as negative (bearish) for the JMD.
Source:
Bank of Jamaica
Category:
Interest Rate
Units:
Percent
Latest Release
Previous:
7%
Consensus:
7%
Actual:
7%
Next Release
Date:
Dec 20, 21:30
Time left:
18 days
Data updated. Please refresh the page.
