Contractionary monetary policy is the process whereby a central bank deploys various tools to lower inflation and the general level of economic activity. Central banks do so through a combination of ...

Left parties on Tuesday said the Union Budget is contractionary, does not address issues like inflation and unemployment and is trying to "mask the failures" of the government. Reacting to Modi 3.0 ...

Conversely, a contractionary policy is followed to stabilise inflationary pressure through increasing interest rates. For all latest news, follow The Daily Star's Google News channel.

The central bank is scheduled to officially unveil its new Monetary Policy Statement (MPS) at 3pm on Thursday. Governor Ahsan H Mansur will preside over the announcement as chief guest.