Daily Recommendation- February 21, 2017
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 Policy Report Press Briefing
Bank of Jamaica Quarterly Monetary Policy Report Press BriefingOctober to December 2016CROWDING OUT HAS ENDED The press briefing commenced with the Mr. Bryan Wynter, Governor of The Bank of Jamaica (BOJ), proclaiming that the era of government crowding effect has ended and the country is now in a “crowding in” phase. The crowding out effect occurs when excessive borrowing by government limit the flow of credit and financial resources to the private sector, which hinders private sector investment. The Governor also claimed that by virtue of this crowing in process, “we are now witnessing a long overdue correction.” The governor
Daily Recommendation- February 20, 2017
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.