central bank

American  

noun

1. 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.

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central bank British  

noun

1. 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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Etymology

Origin of central bank

First recorded in 1920–25

Example Sentences

The release on Thursday of the household spending indicator for January will also be closely watched by the central bank, given that strong consumer spending will add to the case for higher interest rates.

From The Wall Street Journal

Analysts say New Delhi's growth trajectory reduces the likelihood of any rate cuts from India's central bank.

From Barron's

Earlier in February, Bundesbank President and ECB rate setter Joachim Nagel said the central bank was unlikely to react to a temporary slowdown in inflation.

From The Wall Street Journal

However, the main drivers of the rally—central bank diversification, geopolitical tensions, possible policy easing, and renewed ETF demand—remain strong, according to market watchers.

From The Wall Street Journal

TOKYO—Inflation in Japan’s capital cooled below the central bank’s 2% target for the first time in over a year, but the slowdown is unlikely to derail further interest rate hikes.

From The Wall Street Journal