Correspondence

Monetary policy remit: 2011

The Chancellor's letter to the Bank of England setting out the government's economic policy.

Documents

Letter from the Chancellor of the Exchequer to the Governor of the Bank of England 22/03/2011

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Details

The Bank of England Act 1998 requires the Treasury to specify at least once every 12 months how price stability should be defined and what the economic policy of the government consists of.

This is the monetary policy remit, which the Chancellor specifies in a letter to the Governor of the Bank of England.

Published 22 March 2011