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Michael Lee-Chin, Chairman, NCB Financial Group
By Javaughn Keyes
There is cautious optimism from one business leader, as another decision point approaches for Jamaican interest rates.
Chairman of the NCB Financial Group, Michael Lee-Chin says the August decision to adjust the policy interest rate down by 0.25 basis points was a pleasant surprise.
He says however there has to be a balance.
He was speaking to out news centre in an interview.
The US Federal Reserve's lowering of its benchmark rate last week is a sign there could be further adjustments in the local policy interest rate which sits at 6.75 per cent.
The next monetary policy decision is to be published on September 30.
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