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<p>The Chancellor regularly meets with the Governor of the Bank of England to discuss
matters relating to economy and the Bank’s progress towards meeting its price stability
targets.</p><p> </p><p>The government continues to support the Bank’s independence
to carry out its statutory responsibilities for monetary policy and financial stability,
and there are no plans to change the way reserves are remunerated at the Bank of England.
The government is providing the stability required for the MPC to bring interest rates
down, by managing the public finances responsibly.</p><p> </p>
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