Monthly Economic Review – September 2017
mckoy 2017-10-27T15:20:29-05:00Monthly Economic Review - September 2017
Monthly Economic Review - September 2017
U.S.: U.S. Growth at Above-Forecast 3% on Consumer, Business Spending The U.S. economy expanded at a faster pace than forecast in the third quarter, indicating resilient demand from consumers and businesses even with the hit from hurricanes Harvey and Irma, Commerce Department data showed Friday. Highlights of Third-Quarter GDP (First Estimate) Gross domestic product grew
Medical Disposables & Supplies Limited (MDS) has advised that a Senior Manager sold 4,745 MDS shares on October 24, 2017.
The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.5% in September on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported, in addition over the last 12 months, the all items index rose 2.2 %. The gasoline index saw an increased 13.1% in September and accounted for about three-fourths of the
Europe: ECB Slows Asset Purchases as Draghi Heads for Stimulus Exit The European Central Bank will reduce its monthly bond purchases next year in a step toward ending a program that has spent more than 2 trillion euros ($2.4 trillion) trying to revive euro-area inflation. Policy makers agreed to scale back buying to 30 billion
Effective 25 October 2017, Bank of Jamaica will reduce the amount that authorised dealers and cambios are required to sell to the central bank from their daily purchases of foreign exchange. For both authorised dealers (ADs) and cambios, the amount required to be sold to the central bank will be reduced by 5.0 percentage points.
NCB Financial Group Limited (NCBFG)has advised that Mr. Robert Tang Yuk has been appointed as a Director of its subsidiary, NCB Global Finance Limited, effective October 17, 2017.
Berger Paints Jamaica Limited (BRG) has advised that a Director and a Senior Manager sold a total of 437,895 BRG shares in response to the take-over bid offer by ANSA Coatings International Limited.