Bank of Jamaica monetary policy

How the US-Iran ceasefire, collapsing oil prices and the lingering economic shadow of Hurricane Melissa shaped Jamaica and the Caribbean in June 2026 — and what comes next.

With Brent crude above $100 and ceasefire talks stalling, Jamaica faced soaring fuel costs, mounting inflation and a delicate reconstruction effort throughout May 2026.

GDP grows approximately 2.0% as Jamaica navigates a more uncertain global environment while maintaining its domestic momentumInflation falls toward 4.5%,…

GDP grows 1.7% — a moderation to a slower but more sustainable pace as the post-pandemic recovery cycle maturesInflation falls…

BOJ cuts rate to 5.75%; NHT raises loan limits ahead of July 1 rollout. Jamaica’s housing pipeline expands as new schemes break ground across the island.

As Jamaica’s budget season approaches, the NHT pipeline accelerates and tourism-linked real estate heats up. BOJ holds steady at 6% while affordability strains persist.

Mortgage originations hit J$82.9B in 2024 as Jamaica enters 2025 with renewed buyer confidence. BOJ holds rates, diaspora investment sustains luxury segment demand.

Jamaica enters 2025 with a 100,000-unit housing deficit and growing NHT construction pipeline. BOJ holds at 6% as diaspora investment and mortgage growth set the tone for the year ahead.

Jamaica’s 2024 housing market ends the year with hard-won resilience: Beryl survived, the BOJ easing cycle underway, and the NHT’s biggest pipeline in history on track.

Jamaica’s housing market gains Q4 momentum as BOJ easing takes hold, NHT schemes advance across multiple parishes, and year-end transaction volumes build.

The BOJ cuts to 6.50% in September, St James plans 3,500 new homes, and Jamaica’s Q3 market shows growing buyer confidence. October 2024 housing review.

As Beryl recovery progresses in western parishes, the BOJ cuts rates to 6.75% and the NHT pipeline advances. Jamaica’s September 2024 housing market review.

Tourism exceeds pre-pandemic records with 3.10 million arrivals and US$3.8 billion in receipts — the sector’s best performance in Jamaica’s…

GDP grows 4.0% — the second consecutive year of recovery growth, sustaining momentum even as global conditions deteriorateInflation reaches 10.2%…

Construction sites reopen under COVID protocols in April as Jamaica’s property market adapts. Virtual viewings, NHT relief and BOJ rate cuts define the new normal.