Monetary Policy Framework
Inflation 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 June 2008 (232k) | |
17 June 2008 (649k) |
|
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) |
