Central Bank Watch
Central Bank Interest Rate Hikes in Jamaica and Australia
September 29, 2026
Late yesterday came an announcement from the Bank of Jamaica of a 50-basis point increase in its policy interest rate to 6.0%, marking the first increase since November 2022. A released explanation of this directional rate reversal notes that since the prior policy review in August, The escalation of tensions in the Middle East and […] More
New Overnight Developments Abroad - Daily Update
More Central Bank Hikes Despite Lower-Than-Feared Oil Prices
September 29, 2026
Any U.S.-Iranian ceasefire deal before the U.S. midterm elections seems highly unlikely. And yet, the West Texas Intermediate price of crude oil settled back 0.8% from Monday’s closing level and at $91.86 is much closer to $90 than triple-digit territory. Somewhat greater traffic is moving through the Strait of Hormuz, and oil users are doing […] More
