Exchange of letters between the Governor and the Chancellor regarding CPI Inflation - September 2020

Exchange of letters between the Governor and the Chancellor
Published on 17 September 2020

If inflation moves away from the target by more than 1 percentage point in either direction, the Governor is required to send an open letter to the Chancellor explaining why inflation has moved away from target and what action the Bank is taking to bring inflation back to target.

PDF Letter from the Governor to the Chancellor

PDF Letter from the Chancellor to the Governor