One key factor hampering the effectiveness of BB's policies is the delay in decision-making and significant transmission lags.

Food inflation in Bangladesh stayed above 12 percent for the second consecutive month in September as prices showed no signs of cooling down, hitting the pockets of the consumers who spend most of their incomes to feed their families.

It was 9.76 percent in the previous month. The overall inflation increased by 23 basis points to 9.92 percent in August, according to the Bangladesh Bureau of Statistics (BBS).