Official Twitter account of Bank of Jamaica (BOJ), Jamaica's central bank. BOJ is both monetary policy authority and regulator of deposit-taking institutions.
2: Oh, boy…it’s been a strange and really busy time with many things going on all at once, so please bear with us!
2. It is the existence of that economic reform programme - fiscal discipline, a flexible exchange rate, inflation targeting, and all - that provides the economic resilience to ensure that the pain of 1 year of COVID-19 and counting is not a hundred times worse.
2. Yes, it’s been a minute since our last inflation thread, there’s a lot to catch up on, and we’re sorry it’s been so long, but oh, boy…what can we say? It’s been a strange and hectic year, and like our friends at @rocketshipja would tell you, it’s been a case of:
2. Artistically, the story borrows from and pays parody homage to the spaghetti western film genre, which partially inspired Jamaica’s own global cult classic film, The Harder They Come, and spaghetti western-inspired video games like the Red Dead series.
2. Yes, COVID-19 stalled STATIN for a bit, delaying the inflation data, but in any case, we also thought it would be in poor taste to keep going on about inflation in the early throes of a pandemic. But now STATIN is back and we’re in economic recovery mode, so here we are.
2. Macroprudential policy entails the use of prudential actions to contain systemic risks, that if realized, would cause widespread implications for the overall financial system and the real economy.
2. The press conference was addressed by Governor Byles, Deputy Governor in charge of Banking and Currency Operations and Financial Markets Infrastructure, Mrs. Natalie Haynes, and also the Director-General of Jamaica’s Office of Utilities Regulation (OUR), Mr. Ansord Hewitt. 
2. (Apart from the long-time introverts wondering what all the fuss is all about)
2. The offer was originally extended until 30 June 2020. 
2. This is but one of the very critical reasons why prudent fiscal and monetary policies are so important, and why Jamaica’s ongoing economic reform programme – across both political administrations – was and is so very important. 
2. Ladies and gentlemen, kings and queens, presenting....our top 10 tweets for 2019....*Drumroll* Are you ready for it? (Stats up to 31 December 2019.)
2. It wouldn’t be a central bank review bank without some statistics – you know you want it! 😉😇 So here goes - the great blue whale of central bank Twitter is @bank_indonesia, with nearly 700,000 followers. However, in relation to a 264 million population, that’s barely 0.27%. 
2. There is also a context. The biggest reason for the spike in year-over-year inflation in December 2019 is the continued impact of the November 2019 shock to agriculture, highlighted in the hike in vegetable prices, which proved a bit more persistent than BOJ expected.
2. Secondly, the idea that central banks should have growth as either a single mandate or part of multiple mandates, as opposed to a primary focus on price stability, is a somewhat outdated concept that has been at the root of several economic crises across the world. 
2. What better time of year, then, to have a friendly elf braving Christmas season traffic and a bit of rain to spread some Christmas cheer, along with token BOJ reminders of the inflation message? Oh, you thought only Santa had elves? 
2. DNA tells us that crocodiles are among the world's oldest living creatures and provide a rare link to the planet's past, since they coexisted with dinosaurs. The crocodile perhaps survived this long because it has no natural predators and hence sits atop the food chain... 
Part 2