Dhaka, Aug. 29 -- The government is intensifying efforts to bring down inflation to a stable range of 3-4percent, as part of its broader push for long-term macroeconomic stability, said Bangladesh Bank Chief Economist Mohammad Akhtar Hossain on Wednesday.

Speaking as the chief guest at a seminar titled "Bangladesh Monthly Macroeconomic Insights", organised by the Policy Research Institute (PRI) in Dhaka, Akhtar Hossain acknowledged that current inflation, hovering between 8-9percent, remains "uncomfortably high" for households and businesses.

"Therefore, a tight monetary policy stance will be maintained until inflation moderates to a more sustainable level," he said.

He explained that Bangladesh Bank is committed to deploying all avail...