In a small sauce pot, heat olive oil over medium-high heat and cook shallots 3-4 minutes. Stir in garlic and seasonings, and cook 3-4 more minutes, stirring often. Do not let garlic brown. Deglaze with sherry and reduce by half.
Stir in raspberries, chicken broth and bay leaf and simmer 15-20 minutes, until reduced by half. Stir in mint jelly and cook three minutes more, stirring constantly. Remove from the heat and stir in the vinegar and fresh mint.
Serve at room temperature.