The Bank of Jamaica has kept its benchmark interest rate at 5.75 per cent per annum.
Governor of the bank Richard Byles and the monetary policy committee made the decision on Monday, although headline inflation dropped sharply to 1.2 per cent in August.
Core inflation, which excludes food and energy prices, came in at 4.2 per cent.
The decision comes as the US Federal Reserve recently cut its rate by a quarter point, but warned that the decline in inflation may be temporary and could rise again.
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