Bank of England Publishes October 2026 Remit for the Monetary Policy Committee, With Chancellor's Letter

What was published

The Bank of England (BoE) published a document titled "Remit for the Monetary Policy Committee - October 2026" on 28 October 2026. The announcement is described as a letter from the Chancellor to the Governor.

The Monetary Policy Committee (MPC) is the body at the BoE that deals with monetary policy, so a remit for the committee is relevant to anyone following UK monetary policy and the pound.

What the announcement does and does not say

The excerpt available at the time of writing gives only the title and the description of the document as a letter between the Chancellor and the Governor. It does not set out the content of the remit, and it does not say whether anything has changed compared with earlier remits.

Because of this, it is too early to draw conclusions about what the publication means for policy or for markets. Readers who want the exact wording should consult the full document on the BoE's official website.

Notes for EA trading

Publications from central banks and governments can sometimes be followed by shifts in market sentiment, and liquidity may thin out around the time of releases. Spreads can widen and price movements can become irregular during these periods, particularly for sterling pairs. Traders who run EAs may wish to review their settings and consider pausing automated trading around major announcements.