Bank of Jamaica lowers policy rate
Crystal Gayle2019-03-27T21:51:22-05:00Date: March 27, 2019 Bank of Jamaica announces its decision to lower the policy interest rate (the rate offered on overnight balances1 at Bank of Jamaica) by 25 basis points to 1.25 per cent. The decision to lower the policy rate is aimed at supporting inflation returning to and remaining on target (4.0 per cent