First Global Cuts Rates Too

Jamaica Gleaner: “First Global Cuts Rates Too”

First Global Bank (FGB), Jamaica’s smallest domestically controlled commercial bank, has joined its larger peers in slicing lending rates. The two percentage-point cut drops the bank’s base rate to 18.75 per cent, effective September 1.

Jamaica Gleaner: “US Fiscal and Monetary Policy, Keys to Global Recovery”

Last Thursday, James Bullard, president of the Federal Reserve Bank of St Louis, came out with a view that’s gaining ground among members of the Federal Reserve Board.