Penalty letter (notice for non-fulfilment)

In the U.K., a letter used to be sent by the finance minister to the governor of the central bank when inflation rose above two percent. In the letter, the central bank had to explain in detail why the inflation target had been exceeded.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/