Part II Monetary Policy
Information and reports
18 Reports.
1
The Bank shall prepare and publish reports in accordance with the provisions of this section.
2
A report under this section shall contain—
a
a review of the monetary policy decisions published by the Bank in the period to which the report relates,
b
an assessment of the developments in inflation in the economy of the United Kingdom in the period to which the report relates, and
c
an indication of the expected approach to meeting the Bank’s objectives under section 11.
3
A report under this section shall relate to—
a
a period of 3 months, or
b
such other period as the Treasury and the Monetary Policy Committee may agree.
4
Periods to which reports under this section relate shall be successive, the first such period commencing on such day within the period of 3 months ending with the day on which this Act comes into force as the Treasury shall, after consultation with the Bank, specify in writing to it.
5
No report under this section shall be published without the approval of the Monetary Policy Committee.
6
A report under this section shall be published as soon as practicable after the end of the period to which it relates and in such manner as the Bank thinks fit.