Golding proposes pre-charge detention of serious criminals over SOEs
Have you been adversely impacted by BOJ’s recent string of rate hikes?
Donna Haynes, the voice on many phones, passes
Portugal advance to last 16, beat Uruguay 2-0 at World Cup
Photos: Two-vehicle collision lands three people in hospital
$5,000 fine each for Honduran men convicted of illegal entry
Man charged with killing ‘Slickianna’ secures bail-hearing date
Mona School of Business and Management celebrates 10 years
13 people in custody after cops seize illegal gun in Westmoreland
Carib Cement to equip trucks with road safety technologies
Monday Nov 28
48 minutes ago – Updated
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The Bank of Jamaica last week announced an increase in the policy interest rate by 50 basis points (bps) to seven per cent but with the decision signalled a possible easing of rate increases in the future, providing that certain inflation-control conditions are met.
The current decision has resulted in a cumulative increase in the policy rate since October 2021 of 650 bps, which critics say is sending loan rates higher for consumers businesses.
Most banks have already announced that they will increase interest for some customers who are in process of repaying borrowed funds.
Additionally, new customers will have to pay higher interests on loan offers they might want to capitalise on to fund expenses over the upcoming festive season.
Yes, it’s causing more hardship for me
100% (1 vote)
The changes in interest doesn’t really bother me
0% (0 votes)
I have not been advised of any changes in interest rate from my bank
I don’t understand the topic enough to have opinion
Total votes: 1
Jamaican ranked among the 10 most influential black Britons
Paulette Simpson, the UK-based JN Group executive, has been ranked among Britain’s top 10 most influential people of African or Caribbean heritage.
She was ranked number eight on the Powerlist 2023
UPDATE: 1 dead, 3 in serious condition after truck crash in HWT
Female driver warned for prosecution
VIDEO: Asafa Powell announces retirement from track and field
Bolt congratulated Powell on his accomplishments and even joked that Powell is in better shape than he is.
FIFA World Cup(TM)
WATCH: Riots in Belgium, Netherlands after Morocco win at World Cup
Riots broke out in several Belgian and Dutch cities after Morocco’s 2-0 upset win over Belgium at the World Cup Sunday.
Police detained about a dozen people after they deployed water cannons and fi
Clarendon farmer gone missing after being seen on Portmore farm
Nineteen-year-old Oniel Forbes, otherwise called ‘Sun Sun’, a farmer of Howell’s Content in York Town, Clarendon, has been missing since Tuesday, November 22.
He has bleached skin and is of slim bu
Rihanna, A$AP Rocky attend ‘Iconic’ Beenie Man show in Barbados
Pop star Rihanna and her rapper boyfriend, A$AP Rocky, were out on Friday to attend a show featuring King of the Dancehall Beenie Man in Barbados at Kensington Oval, as the three were seen backstage a