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 | ||
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16 February 2010 (123k) |
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16 February 2010 (823k) |
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24 March 2009 (885k) |
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24 March 2009 (537k) |
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15 December 2008 (1.4mb) |
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16 December 2008 (996k) |
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15 September 2008 (274k) |
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15 September 2008 (682k) |
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16 June 2008 (232k) | |
17 June 2008 (649k) |
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16 April 2007 (150k) | |
17 April 2007 (183k) |
Key Resources
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Highlights of The New Inflation Target speech by the Governor in January 2004 Download PDF (108k) |
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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) |
Related Links
- MPC Minutes
Minutes of the Monetary Policy Committee Meetings. - Inflation Report
Latest Inflation Report and Press Conference Webcast. - Publications
Relevant Monetary Policy publications - Bank of England Legislation
The constitution of the Bank of England.