BoJ Signals Interest Rate Policy Shift

Jamaica Gleaner: “BoJ Signals Interest Rate Policy Shift”
At first blush, the 133 basis point cut on a single open market instrument of six in the central bank’s arsenal seems a token concession to corporate Jamaica which wants interest rates to be cut.

Jamaica Observer: “Fed sees only weak growth in 2010”
WASHINGTON DC, USA (AFP) – The Federal Reserve no longer sees signs of recovery this year from a prolonged recession and only weak growth in 2010, minutes of a policy-setting meeting said yesterday.