February 23, 2018. United States: Equity Investors Fleeing Wall Street Are Turning to Europe Tempted in buying the dip? OK, just maybe not the one in U.S. stocks. While Wall Street is still reeling from its first 10 percent correction in two years, U.S. equity funds continue to suffer outflows, according to Bank of America
February 22, 2018 Bank of Jamaica Quarterly Monetary Report: For the period (October to December 2017) For the review period October to December 2017, Mr. Brain Wynter, The Governor of the Bank of Jamaica (BOJ), indicated that “The recovery in the Jamaican economy has been sluggish, though, and the Bank expects that GDP will remain below
February 22, 2018. United States: Brighter U.S. Growth Outlook Emboldens Fed on Rate-Hike Course U.S. central bankers sent a strong message Wednesday that an expansion with “substantial underlying economic momentum” could sustain additional increases in interest rates this year. Federal Reserve officials “anticipated that the rate of economic growth in 2018 would exceed their estimates
February 21,2018. United States: U.S. Stocks Fall With Treasuries, Dollar Climbs: Markets Wrap U.S. stocks halted a six-day rally as disappointing results from Walmart Inc. weighed on major indexes as the dollar pushed higher. Treasuries fell amid a heavy slate of U.S. debt issuance, with short-end auctions drawing some of the highest yields in almost
February 20,2018 Please click below to view December 2017's Economic Review. Monthly Economic Review - January 2018 The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the
February 20,2018 United States: Dollar Rises With Treasury Yields; Stocks Struggle: Markets Wrap Treasuries fell, with investors driving the benchmark yield up to the highest level in four years, as the dollar advanced with oil futures in New York. European shares erased earlier gains and U.S. futures slipped. Debt investors appeared to be trading with
February 19,2018 United States: U.S. Treasury Official Says Economists Lowballing Tax-Cut Impact Economists are underestimating how rapidly the U.S. economy will grow from tax cuts that are encouraging companies to invest and create jobs, a senior Treasury official said. “Despite the stock-market volatility, the economy is enjoying a period of relative strength and prosperity in
February 16, 2018 The inflation for the month of January 2018 recorded a negligible movement following an upward movement of 0.6% in December 2017, according to The Statistical Institute of Jamaica (STATIN). The Consumer Price Index for the month remained flat at 248.6 relative to the 248.7 reported for December 2017. This was as a result
