Remit Letters

Exchange of letters between the Governor and Chancellor on the Asset Purchase Programme

Remit for the Monetary Policy Committee
Letters from the Chancellor to the Governor

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 (see Inflation letters).

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
View Webcast

The New Monetary Policy Framework
Letter from the Chancellor to the Governor dated 6 May 1997
Download PDF (197k)

Back to People