Correspondence

Monetary policy remit: Mansion House 2024

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

• From: HM Treasury and The Rt Hon Rachel Reeves MP
• Published: 15 November 2024

Documents

Monetary policy remit: Mansion House 2024

HTML

Monetary policy remit: Mansion House 2024

PDF, 200 KB, 6 pages

This file may not be suitable for users of assistive technology.

Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email digital.communications@hmtreasury.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Details

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, at least once in every period of 12 months beginning on 1 June, specify how price stability should be defined and what the economic policy of the government consists of.

Published 15 November 2024