The level of interest rates is set in order to achieve a certain rate of inflation. This target rate is decided by the Chancellor. Therefore although the bank can decide the level of interest rates without any interference, the macroeconomic position is guided by an elected politician who is responsible to the country. The Bank also deals in the foreign exchange market.
确定利率水平是为了达到一定的通胀目标，这个目标是财政大臣确定的。虽然英格兰银行可以不受干涉地确定利率，但是宏观经济政策由一位当选的政15界人士指导。这位政界人士向全国负责。英格兰银行还参与外汇市场的交易。