Fitch warns Jamaica to sign with IMF or face downgrade
Jamaica must secure a borrowing arrangement with the International Monetary Fund (IMF) or face a downgrade, Fitch Ratings agency warned yesterday. A deal with the IMF, which Jamaica is negotiating a US$1.2 billion (J$10.5 billion) standby facility, is...
Bank of England split on size of monetary stimulus
The Bank of England surprised markets for the second time this month by revealing Wednesday that its rate-setting committee was split on how far it should increase its programme to boost the money supply with asset purchases.Minutes from the nine-member...