Using a hybrid Gammasphere array coupled to 25 LaBr 3 (Ce) detectors, the lifetimes of the first three levels of the yrast band in 114 Pd, populated via 252 Cf decay, have been measured. The measured lifetimes are τ 2 + = 103(10) ps, τ 4 + = 22(13) ps, and τ 6 + 10 ps for the 2 + 1 , 4 + 1 , and 6 + 1 levels, respectively. Palladium-114 was predicted to be the most deformed isotope of its isotopic chain, and spectroscopic studies have suggested it might also be a candidate nucleus for low-spin stable triaxiality. From the lifetimes measured in this work, reduced transition probabilities B(E 2; J → J − 2) are calculated and compared with interacting boson model, projected shell model, and collective model calculations from the literature. The experimental ratio R B(E 2) = B(E 2; 4 + 1 → 2 + 1)/B(E 2; 2 + 1 → 0 + 1) = 0.80(42) is measured for the first time in 114 Pd and compared with the known values R B(E 2) in the palladium isotopic chain: the systematics suggest that, for N = 68, a transition from γ-unstable to a more rigid γ-deformed nuclear shape occurs.