Correspondence

Open letters between HM Treasury and Bank of England, February 2012

CPI inflation in January 2012 was 3.6 per cent, prompting an open letter from the Governor of the Bank of England to the Chancellor on 13 February 2012. The Chancellor replied to the Governor on 14 February 2012.

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

Documents

Letter from the Chancellor of the Exchequer to the Governor of the Bank of England 14/02/12

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Letter from the Governor of the Bank of England to the Chancellor of the Exchequer 13/02/12

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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

The remit for the Monetary Policy Committee continues to require an exchange of open letters between the Governor of the Bank of England and the Chancellor of the Exchequer if inflation moves away from the target by one percentage point in either direction.

Updates to this page

Published 14 February 2012

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