, Sept. 30 -- Bangladesh Bank (BB) on Wednesday unveiled its first-ever quarterly Monetary Policy Statement (MPS) for October-December quarter of FY 2026-27, keeping the benchmark policy interest rate unchanged at 9.50 % to curb inflation, while acknowledging that elevated borrowing costs continue to suppress private sector credit growth.

The central bank transitioned to a quarterly monetary policy framework from the previous half-yearly cycle in line with condition set by the International Monetary Fund (IMF).

Deputy Governor Dr. Md. Habibur Rahman formally announced the monetary policy at a press briefing held at the Jahangir Alam Conference Hall of the central bank's headquarters in Motijheel.

Under the policy decision, the Standing...