03-Jun-2024
On May 30-31, 2024, CARICOM Central Bank Governors met virtually and discussed pressing economic and financial issues facing Caribbean economies, including growth prospects as a result of the easing of global inflation and food prices. The meeting was hosted by the Bank of Barbados. Click here for the Press Release.
Read More27-May-2024
As part of our year-long 60th Anniversary celebrations, Central Bank staff, retirees, and their families came together for “60 Years, 60 Trees”, a special Tree Planting Ceremony at the Lady Chancellor Hill on Saturday, May 25, 2024. In total, 60 poui trees were planted along various segments of the hill to mark the Bank’s 60 years of existence since its establishment on December 12, 1964. We proudly reaffirm our commitment to environmental sustainability and community engagement through supporting the ongoing reforestation efforts in our Port of Spain community. Click here for video recap.
Read More10-May-2024
Global growth during the financial year 2022/23 was tepid. Despite declining commodity prices, inflation, though moderating, remained above many central banks’ targets. Higher policy rates as a result of stubborn inflation led to tighter financial conditions, exposing financial sector vulnerabilities with noted bank failures in Europe and the United States. International capital markets also exhibited volatility.
Read More10-May-2024
This Visual Summary presents highlights of the Annual Report for 2023.
Read More26-Apr-2024
On April 22, 2024 Dr. Hilaire discussed the challenges central banks across the world faced in tackling the recent surge in inflation. Dr. Hilaire was a panelist at the World Bank’s Reserve Advisory and Management Partnership (RAMP) Executive Forum for Policy Makers and Senior Officials held in Washington, DC, USA*.
Read More26-Apr-2024
The Central Bank of Trinidad and Tobago and the Inter-American Development Bank cordially invite submissions for a Special Research Review Seminar on “Central Banking 60 Years and Beyond: Staying Ahead of the Curve”, in honour of the Bank’s 60th anniversary. This Seminar will be held on September 4-6, 2024. Submit abstracts by July 12, 2024.
Read More18-Apr-2024
On the occasion of the Spring Meetings of the International Monetary Fund in Washington, DC, USA, the Trinidad and Tobago delegation urged other members of its IMF Constituency to continue to advocate for strong IMF engagement with Haiti as the country grapples with a difficult security, humanitarian and economic situation.
Read More17-Apr-2024
On April 16, 2024, on the occasion of the International Monetary Fund/World Bank Spring meetings in Washington, DC, USA, the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development (G-24) called for stronger international cooperation to effectively address the numerous challenges confronting the global economy.
Read More28-Mar-2024
The recent surge in inflation globally has raised concerns about the future dynamics of inflation. This has urged policymakers to go beyond the aggregate level of inflation to shed light on the factors that can cause its persistence.
Read More28-Mar-2024
Climate change mitigation and adaptation policies entail significant risks to commodity exporters such as Trinidad and Tobago. In particular, transition risk can negatively affect domestic economic activity and the external accounts. Consequently, this paper seeks to assess the impact of transition risk on Trinidad and Tobago's balance of payments.
Read More