Jan 13 - 19 , 2008
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BOJ moves to contain inflation

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With inflation running at between 15-18 per cent on a calendar year basis, Central Bank Governor Derick Latibeaudiere and his team at the institution raised all its benchmark rates last week Wednesday, in order to contain the spreading virus. The 30; 60; 90; 120; and 180-day tenures were all jacked up by 100 basis points.

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Crime, high prices driving down confidence

The Jamaica Chamber of Commerce (JCC) is reporting that both business and consumer confidence fell during the fourth quarter of last year on the back of the galloping crime rate, as well as energy and food prices.

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Barnaby photoScot00mall hoteliers. Aug 27 - Sept 2, 2006



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