Bangladesh, July 31 -- Bangladesh Bank is set to release a new contractionary monetary policy for July-December that keeps taming inflation at its core, according to officials involved in drafting the document.

The central bank faces the familiar dilemma of reining in prices without stifling growth, while also reviving investment and maintaining financial stability.

With global uncertainty persisting and domestic price pressures stubborn, it appears poised to err on the side of caution.

"We will stay on a tightening path until inflation falls to around 6 percent," a senior central - bank official said on condition of anonymity.

Economists say the current economic climate leaves the central bank with little choice but to continue tight...