Tuesday, June 17, 2008

Letter from the Chancellor of the Exchequer to the Governor of the Bank of England regarding inflation 17/06/08

Letter from the Chancellor of the Exchequer to the Governor of the Bank of England regarding inflation 17/06/08 (PDF 656KB)

In May 2008, the CPI inflation figure exceeded 3 per cent, and the Governor published an open letter to the Chancellor at 10:30 on 17 June 2008, explaining the reasons why inflation moved away from the target, the policy action being taken to deal with it, and the period within which the MPC expects inflation to return to target. The Chancellor published a letter to the Governor at 10:30am on the same day.

Posted by stevie dee @ 11:05 AM (421 views)
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