Interest Rates
(asked on 25th March 2019) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what recent discussions has he had with the Governor of the Bank of England on the level of interest rates.
This question was answered on 2nd April 2019
The independent Monetary Policy Committee (MPC) has operational independence to set the level of interest rates in order to achieve their objectives as set out in the remit.
The Chancellor of the Exchequer has regular discussions with the Governor of the Bank of England on a range of issues related to the UK economy.