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Open Letters

If inflation moves away from the target by more than 1 percentage point in either direction, the Governor is required to send an open letter to the Chancellor.

Letter from the Governor to the Chancellor Reply from the Chancellor to the Governor
pdf icon 13 February 2012 
(112k)
pdf icon 14 February 2012
HM Treasury Website
pdf icon 15 November 2011
(772k)
pdf icon 15 November 2011
HM Treasury Website
pdf icon 15 August 2011
(785k)
pdf icon 16 August 2011
HM Treasury Website
pdf icon 16 May 2011
(748k)
pdf icon 17 May 2011
HM Treasury Website
pdf icon 14 February 2011
(95k)
pdf icon 15 February 2011
HM Treasury Website
pdf icon 15 November 2010
(858k)
pdf icon 16 November 2010
HM Treasury Website
pdf icon 16 August 2010
(102k)
pdf icon 17 August 2010
(951k)
pdf icon 17 May 2010
(109k)
pdf icon 18 May 2010
(565k)
pdf icon 15 February 2010
(123k)
pdf icon 16 February 2010
(823k)
23 March 2009
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pdf icon 24 March 2009
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15 December 2008
(1.4mb)
pdf icon 16 December 2008
(996k)
15 September 2008
(274k)
15 September 2008
(682k)
16 June 2008 (232k) 17 June 2008 (649k)
16 April 2007 (150k) 17 April 2007 (183k)

 

 

Key Resources

Highlights of The New Inflation Target
speech by the Governor in January 2004
Download PDF (108k)
Speech by the Governor in January 2004
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The New Monetary Policy Framework
Letter from the Chancellor to the Governor dated 6 May 1997
Download PDF (197k)