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Finance & Money in Jamaica

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Bank of Jamaica Holds Interest Rates Steady Amid Inflation ConcernsBusiness & Money

Verified • 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.

STATIN Reports Concerning 19.1% Decline in Jamaica's Export EarningsFinance

Verified • Jul 19, 2026

STATIN Reports Concerning 19.1% Decline in Jamaica's Export Earnings

Jamaica's export sector has taken a significant hit, according to the latest data released by the Statistical Institute of Jamaica (STATIN). The report reveals a sharp 19.1% decline in export earnings for the January to February 2026 period compared to the same time last year.