Correspondence

Open letters between HM Treasury and Bank of England, March 2024

CPI inflation was 3.4% in February 2024, prompting an open letter from the Governor of the Bank of England to the Chancellor on 21 March 2024. The Chancellor replied to the Governor on 21 March 2024.

• From: HM Treasury and The Rt Hon Jeremy Hunt MP
• Published: 21 March 2024

This was published under the 2022 to 2024 Sunak Conservative government

Documents

Letter from the Governor of the Bank of England to the Chancellor of the Exchequer (21/03/2024)

PDF, 139 KB, 3 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.

Letter from the Chancellor of the Exchequer to the Governor of the Bank of England (21/03/2024)

PDF, 63 KB, 2 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

The remit for the Monetary Policy Committee (MPC) requires 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 more than 1 percentage point in either direction.

Published 21 March 2024