BoJ Signals Interest Rate Policy Shift Posted on April 9, 2009April 9, 2009 by Your Financial FactSheet 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.