Monetary policy remit: Budget 2021

Published By GOV.UK [English], Wed, Mar 3, 2021 7:26 AM


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.

Press release distributed by Media Pigeon on behalf of GOV.UK, on Mar 3, 2021. For more information subscribe and follow