Economy

International reserves at the Banc of Jamaica (BOJ) fell slightly to US$2.25bn in September, down from US$2.29bn in August. While this is only a mild fall, we believe that it is... 2008-10-08

BMI View : Inflation data for Q208 showed price growth had slowed again in June, down to 7.4% y-o-y from 8.2% in May. While this suggests that President Bharrat Jagdeo's government... 2008-10-08

The decline in economic growth in the US is starting to make its impact felt on the Dominican Republic, with remittance growth slowing substantially during the first half of this... 2008-10-08

In line with our view, recently released data shows August witnessed another increase in unemployment levels, up to 11.8% y-o-y according to the US Bureau of Labor Statistics, the... 2008-10-07

While the Dominican Republic's economy has been holding up quite well during the first half of the year, we believe that the country could be in for a rough ride for the remainder... 2008-10-07

According to the Central Bank of Barbados, Barbados' rate of unemployment came in at roughly 8.6% in the second quarter of 2008, 0.5 percentage points up from Q108. A lacklustre... 2008-10-03

BMI View: In line with our call, the Central Bank of Trinidad & Tobago (CBTT) tightened monetary policy by 25bps in September, taking the repo rate up to 8.75%. The decision was... 2008-10-03

BMI View: While the major ratings agencies have recently affirmed a 'stable' outlook on Puerto Rico's credit rating, we remain extremely concerned about the state of the Commonwealth's... 2008-09-29

Jamaica's high level of debt as a proportion of GDP means that declining global economic activity, high commodity prices, and the re-pricing of financial sector risk resulting from... 2008-09-25

BMI View: In mid-September, BMI travelled to the Caribbean to meet with a host of commercial banks, government ministries, local brokers and both central banks on the islands... 2008-09-22