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