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Bank of Jamaica Holds Interest Rates Steady Amid Inflation ConcernsFinance

Jul 19, 2026

Bank of Jamaica Holds Interest Rates Steady Amid Inflation Concerns

In a move that surprised very few on Wall Street, the Bank of Jamaica (BOJ) has announced its decision to hold its policy interest rate steady at its current level. The central bank cited ongoing concerns about core inflation and global economic volatility as the primary reasons for pausing rate cuts.