Jamaica Maintains Interest Rate at 6% âšī¸
The Bank of Jamaica maintained its monetary policy rate at 6% in March 2025, with inflation stabilizing at 4.4% and core inflation at 3.8%, reflecting reduced imported inflation and stable exchange rates.
Stable monetary policy with moderate inflation suggests minimal market disruption, with potential implications for emerging market and regional financial instruments
Jamaica GDP Contracts for 2nd Quarter âšī¸
Jamaica's economy contracted 0.8% in Q4 2024, experiencing its first back-to-back quarterly decline since the pandemic, with significant drops in agriculture, mining, and hospitality sectors.
Limited global market relevance, minor economic indicator with minimal direct impact on broad market indices