Correspondence

Monetary policy remit: Autumn Budget and Spending Review 2021

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

• From: HM Treasury and The Rt Hon Rishi Sunak MP
• Published: 27 October 2021

This was published under the 2019 to 2022 Johnson Conservative government

Documents

Monetary policy remit: Autumn Budget and Spending Review 2021

Ref: ISBN 978-1-911686-37-8, 3166

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Monetary policy remit: Autumn Budget and Spending Review 2021

Ref: ISBN 978-1-911686-37-8, 3166

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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 27 October 2021