The current remit requires us to keep inflation between 1% and 3% on average over the medium term, with a focus on keeping future average inflation near the 2% target midpoint. There is no numerical target for employment, as we use a range of different indicators to assess the maximum sustainable level.
Monetary Policy Framework
How we achieve low and stable inflation and support maximum sustainable employment.Monetary Policy Framework
Monetary policy decisions
This page provides a timeline of our monetary policy decisions, with links to the related media releases.Monetary policy decisions