central bank


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central bank

n.
A national monetary authority, such as the US Federal Reserve, which regulates the money supply and credit, issues currency, and manages the rate of exchange.

central bank

n
(Banking & Finance) a national bank that does business mainly with a government and with other banks: it regulates the volume and cost of credit

central bank

A bank for banks, the central bank can lend other banks money in the last resort; it can also exercise some control over their activities. Central banks tend to work closely with the government. The US central banking system is the Federal Reserve.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.central bank - a government monetary authority that issues currency and regulates the supply of credit and holds the reserves of other banks and sells new issues of securities for the government
financial institution, financial organisation, financial organization - an institution (public or private) that collects funds (from the public or other institutions) and invests them in financial assets
European Central Bank - the central bank of those members of the European Union who share a common currency; "The European Central Bank is Europe's equivalent of the Federal Reserve"
Federal Reserve, Federal Reserve System, FRS, Fed - the central bank of the United States; incorporates 12 Federal Reserve branch banks and all national banks and state-chartered commercial banks and some trust companies; "the Fed seeks to control the United States economy by raising and lowering short-term interest rates and the money supply"
Bank of England - the central bank of England and Wales
Bundesbank - the central bank of Germany
Bank of Japan - the central bank of Japan
Translations
jegybankközponti bank
References in classic literature ?
At the Central Bank Building, two striking teamsters accosted Billy and took him away with them.
He forgot about it as he would have forgotten the Central Bank Building or the City Hall after having walked past them.
Drawing on their experience as leaders in Bank Indonesia and as university instructors, Warjiyo and Juhro explore the theory and practice of central bank policy.
Global Banking News-August 14, 2019--Nigerian president asks central bank not to fund food imports
BANKING AND CREDIT NEWS-August 14, 2019--Nigerian president asks central bank not to fund food imports
M2 EQUITYBITES-August 1, 2019--UAE and GCC central banks follow US central bank rate cut
The central bank in Taiwan is unlikely to adjust its key interest rates at its quarterly policymaking meeting on Thursday, according to economists.
Last year, Erdogan issued a sweeping presidential decree allowing him to directly appoint Turkey's central bank leadership.
The Central Bank did not published an inflation report this month, when it was expected to record inflation at an annual rate above 40 percent.
Mr Agongo could not fathom why the Central Bank, knowing very well of the case being in court, would tag him unfit to be a shareholder of the bank because it believed the bank's capitalisation was from Cocobod's contract.
The BIS said: "Most central banks appear to have clarified the challenges of launching a CBDC (central bank digital currency) but they are not yet convinced that the benefits will outweigh the costs" and those that do see benefits are predominantly from emerging markets.

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