Bank of Jamaica Lowers Policy Rate
Jason2018-06-28T00:30:13-05:00June 27, 2018 Bank of Jamaica announces its decision to lower the policy rate (the interest rate offered on overnight placements with Bank of Jamaica) by 50 basis points to 2.00 per cent, effective 28 June 2018. In March, April and May 2018, inflation fell below the lower end of the Bank’s inflation target of