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central bank

noun

a bank, as the Federal Reserve Bank, that holds basic banking reserves, issues currency, and acts as lender of last resort and controller of credit.

central bank

noun

a national bank that does business mainly with a government and with other banks: it regulates the volume and cost of credit

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Word History and Origins

Origin of central bank¹

First recorded in 1920–25

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Example Sentences

Examples have not been reviewed.

Other targets of his ire included Jerome Powell, head of the US central bank, whom the president said was not doing a good job.

From

At times of acute global financial stress, "swap lines" between central banks exist to preserve financial stability, making sure there is a constant supply of US dollars.

From

The president’s comments about Fed Chair Jerome Powell — especially his threat to fire him — have put investors on alert, elevating concerns over the U.S. central bank’s independence.

From

US President Donald Trump has some well-known nemeses: illegal immigrants, low-flow showers and last, but definitely not least, the head of the US central bank.

From

This week, the IMF cut its economic growth forecast for Japan and projected that the central bank would raise interest rates more slowly than previously expected because of the impact of higher tariffs.

From

central angle Central Bedfordshire

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