Middle East Conflict Puts Bank of Jamaica’s Financial Resilience to the Test
The renewed conflict in the Middle East could make life more expensive for Jamaicans by driving up oil, shipping and insurance costs. Jamaica imports most of its fuel and many everyday goods, so higher global costs could lead to more expensive petrol, electricity, transportation, food and imported products. Inflation already rose to 6.7 per cent […]
Bailey Wealth Group Expands Access to Private Real Estate Investments
Bailey Wealth Group is increasing its focus on private market investments as more qualified investors look for opportunities outside of traditional stocks and bonds. The company plans to give eligible clients greater access to investments linked to real assets, starting with real estate. Private market investments have historically been available mainly to large financial institutions, […]
Taxi Fares and Food Prices Push Jamaica’s Inflation to 29-Month High
Jamaica’s annual inflation rate climbed to 6.7 per cent in June, the highest level since January 2024 and above the Bank of Jamaica’s target range of four to six per cent. The increase means the cost of everyday necessities is rising faster, placing additional pressure on household budgets. Higher transportation costs were one of the […]