central bank

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central bank

a national bank that does business mainly with a government and with other banks; it regulates the volume and cost of credit. See also EUROPEAN CENTRAL BANK.
Collins Dictionary of Law © W.J. Stewart, 2006
References in periodicals archive ?
Most GCC central banks base their rates on rates adopted by the US central bank.
As a result, over the last three decades, countries around the world have given central banks much greater independence.
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.
According to a report by the Bank for International Settlements (BIS), while central banks are looking at the implications of a digital currency, they are yet to be convinced by the benefits.
More recently, central banks have also introduced negative interest rates and - from the Bank of Japan (BOJ), which has always been at the forefront of innovation - yield-curve targeting.
On Wednesday, however, Al Mansouri said the central banks wanted to understand blockchain technology better.
NYT FRANKFURT A lot is happening in the world of central banks. In Washington, the Federal Reserve has raised interest rates again to brake the sizzling US economy.
It was entitled 'Macroeconomic Models for Central Banks: Challenges and Perspectives'.
Certain challenges which central banks are facing today have been the subject of debate for decades.
With these words, Paul Volcker delivered a strong warning signal in April 2013 about the aggressive expansion of central banks--both quantitatively in terms of their balance sheets and qualitatively in terms of central banks' responsibilities.
Central banks' governors need security of tenure once appointed.

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