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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.

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.

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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.

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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.

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The value of all currencies goes up and down influenced by many factors such as inflation expectations and central bank policies.

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US stocks and the dollar plunged again as President Donald Trump intensified his attacks on US central bank boss calling him "a major loser" for not lowering interest rates.

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central angle Central Bedfordshire

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