Correspondence

Monetary policy remit: Autumn Statement 2023

The Chancellor’s letter to the Bank of England setting the remit for the Monetary Policy Committee.

• From: HM Treasury and The Rt Hon Jeremy Hunt MP
• Published: 22 November 2023

This was published under the 2022 to 2024 Sunak Conservative government

Documents

Monetary Policy Remit: Autumn Statement 2023

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Monetary Policy Remit: Autumn Statement 2023

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This is the remit for the Monetary Policy Committee (MPC), which the Chancellor sets out in a letter to the Governor of the Bank of England. The Bank of England Act 1998 requires the Treasury to specify at least once every 12 months how price stability will be defined and the government’s economic policy objectives.

Published 22 November 2023