Bangladesh's annual average inflation crept up to 9.59% last month, way above the central bank's revised target of 7.5% for the financial year ending in June
Bangladesh Bank (BB) has implemented a series of measures, some to appease the International Monetary Fund (IMF), to manage inflation. These measures include adjustments to the repo and reverse repo rates, marginal increases in banking interest rates, and higher treasury bill interest rates. However, the question arises: are these policies sufficient to effectively address the
While many other countries have managed to reduce inflationary pressure by adopting monetary policy tools, Bangladeshi policymakers have shied away from doing the same.