United States: Fed May Shed Clues on Debate Over Rate Cut: Minutes Preview Federal Reserve Chairman Jerome Powell has cautioned against the need for an interest-rate cut. A record of the U.S. central bank’s most recent meeting could reveal if policy makers in fact discussed that option. Minutes of the Federal Open Market Committee’s April
Date: May 21, 2019 The Bank of Jamaica (BOJ) held its Quarterly Monetary Policy Press Conference today, where the Governor, Mr. Brian Wynter, commented on the Bank’s decision to lower the policy interest rate by 50 basis points to 0.75% per annum. According to the Governor, “this policy decision reflects the Bank’s forecast that, even
Date: May 21, 2019 Please see attached Monthly Economic Review. Monthly Economic Review - April 2019 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 contents
Date: May 21, 2019 Lasco Manufacturing Limited (LASM) has advised that Mr. Kenneth Sylvester has been appointed to the Board of Directors of the Company effective April 30, 2019.
Date: May 21, 2019 Key Insurance Company Limited (KEY) has advised of the resignation of Director, Keith Collister effective May 17, 2019.
Date: May 21, 2019 Jamaican Teas Limited (JAMT) has advised that two connected parties purchased a total of 79,203 JAMT shares on May 16, 2019.
Date: May 21, 2019 PanJam Investment Limited (PJAM) has advised that two Senior Managers sold a total of 61,000 PJAM shares on May 20, 2019.
Date: May 21, 2019 Sagicor Group Jamaica Limited (SJ) has advised that a connected party and a Director sold 15,031,320 SJ shares during the period May 15 to 17, 2019.
Date: May 21, 2019 K.L.E. Group Limited (KLE), for the first three months ended March 31, 2019 reported Total Revenue of $49.72 million, a 3% decrease when compared with the $51.38 million reported for the corresponding period of 2018. KLE noted, “The road improvement project on Constant Spring road continues to negatively impact the customer traffic
United States: QE May Be Over, But the Fed’s U.S. Debt Hoard Is About to Soar If you thought the Federal Reserve was done with quantitative easing, you might only be half right. As soon as next year, analysts say the Fed will resume large-scale buying of debt securities -- this time just U.S. Treasuries
