BOJ HIGHLIGHTS FINANCIAL STABILITY AS KEY SUPPORT FOR INFLATION CONTROL Source: caribbeannewsglobal.com, Editor, First Published February 23rd, 2026 The Bank of Jamaica (BOJ) has emphasised that while its central mandate remains inflation control through prudent monetary policy, this objective is reinforced by the strength and stability of the country’s financial system, says senior deputy governor, Dr Wayne Robinson, addressing the Jamaica Stock Exchange (JSE) Regional Investments and Capital Markets Conference, held recently in Kingston. “Vulnerabilities or weaknesses in the financial system constrain the degree of freedom that monetary policy has and limits its effectiveness. If you have a banking system whose credit portfolio is under stress, the Central Bank may want to tighten and raise interest rates. But commercial banks will not follow us, because they will be concerned about the quality of their loan books,” he explained. Dr Robinson noted that the BOJ works to ensure the financial system remains resilient and capable of Opening Lines 7 BUSINESS VIEW CARIBBEAN VOLUME 13, ISSUE 02
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