Slow Hurricane Rebuilding Could Keep Prices High for Longer, BOJ warns
Jamaica’s inflation problem isn’t just about the damage left behind by Hurricane Melissa — it’s about how slowly the country is rebuilding. That’s the warning coming from the Bank of Jamaica, which says delays in turning recovery money into actual repairs could push prices even higher across the economy. Governor Richard Byles says close to […]
More Cash Flowing Into the System This Christmas, BOJ Says
The Bank of Jamaica says a lot more cash is moving through Jamaica’s economy this Christmas — and it’s not just about holiday shopping. The central bank is projecting that cash in circulation will rise by about $21 billion in December, pushing total currency in the system to roughly $321.6 billion by month-end. That represents […]