Interest Rates
(asked on 24th April 2024) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what recent discussions he has had with the Bank of England on bank rates.
This question was answered on 29th April 2024
Monetary policy is the responsibility of the independent Monetary Policy Committee of the Bank of England. This includes decisions on the Bank Rate.
The Treasury meet with the Bank of England regularly to discuss their assessment of the economy and financial services. This includes regular meetings between the Chancellor and the Governor of the Bank of England.