Featured Stock: GENAC
September 02, 2019 Kindly click the link below to view today's featured stock. Weekly Picks 02.09.19 GENAC 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 of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.
Bank of Jamaica Quarterly Monetary Report- Second Quarter 2019
August 29, 2019 The Bank of Jamaica (BOJ) held its Quarterly Monetary Policy Press Conference today, where the new Governor, Mr. Richard Byles, commented on the Bank’s decision to lower the policy interest rate by 25 basis points to 0.50% effective August 28, 2019. According to the Governor, “Bank of Jamaica’s decision to cut rates further reflects our assessment that, in the absence of additional monetary policy action, inflation is expected to fall below the lower limit of inflation target of 4% to 6% at various points over the next eight quarters. In addition, notwithstanding the recent uptick in
Bank of Jamaica (BOJ) Lowers Policy Rate
August 27, 2019 Bank of Jamaica (BOJ) announces its decision to lower the policy interest rate (the rate offered on overnight placements with BOJ) by 25 basis points to 0.50 per cent, effective Wednesday, 28 August 2019. This decision reflects Bank of Jamaica’s assessment that inflation is projected to average 4.3 per cent over the next eight quarters within the inflation target of 4.0 per cent to 6.0 per cent. However, in the absence of a policy response, inflation is likely to fall below the lower limit of the target at various points over this period. Over the medium