The New Buzz Among Investors Is Monetary Policy Of FY 2024-25.

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The New Buzz Among Investors Is Monetary Policy Of FY 2024-25.

The new buzz among investors in the capital markets is the monetary policy for the first half of FY 24-25. Right after the completion of the national budget, investors are now thinking about the first monetary policy of the fiscal year 2024-25. Investors have mixed opinions about the coming monetary policy. Although Bangladesh Bank last announced the monetary policy, the monetary policy announcement for the second half (January-June) of the last financial year 2023-24  He announced the monetary policy on January 17 at 3 pm. Bangladesh Bank has not yet issued any instructions as to when the monetary policy will be announced in the new financial year. However, it is assumed that the monetary policy of the New Year may be announced in the middle of the current month.

Earlier, the monetary policy for the first half of the fiscal year 2023-24 also emphasized on controlling inflation. Bangladesh Bank had set the target of bringing down the inflation rate to the maximum of 8 percent by last December. For this reason, the limit of maximum interest rate of 9 percent of bank loans was removed. The loan interest rate increased from 9 percent in the last six months to 11.89 percent in January this year. But it was not possible to reduce the rate of inflation. The people of the country were under the pressure of high inflation throughout the last year. The inflation rate in the first month of the year was 8.57 percent. And last December it stood at 9.41 percent. Inflation rose to 9.93 percent in mid-October. However, there are many rumors about how the monetary policy will be for the first half of the current financial year 2024-25 among investors.

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