central bank

noun

: a national bank that operates to establish monetary and fiscal policy and to control the money supply and interest rate
central banker noun

Examples of central bank in a Sentence

Recent Examples on the Web
These examples are automatically compiled from online sources to illustrate current usage. Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Inflation has since fallen to 2.4 percent in September, within striking distance of the central bank’s 2 percent target. Taylor Giorno, The Hill, 29 Oct. 2024 Russia’s central bank on Friday raised its key interest rate by two percentage points to a record-high 21%. Damian J. Troise and Alex Veiga, Los Angeles Times, 25 Oct. 2024 Some are now speculating that the central bank could even forgo a cut altogether if there are signs that inflation has begun to creep upward. Rob Wile, NBC News, 24 Oct. 2024 At a press conference following Thursday’s decision, Kazuo Ueda, the central bank’s governor noted that risks surrounding the U.S. economy are easing, an indication that conditions may soon be favorable for another interest rate hike. Lin Lin, CNBC, 1 Nov. 2024 See all Example Sentences for central bank 

Word History

First Known Use

1841, in the meaning defined above

Time Traveler
The first known use of central bank was in 1841

Dictionary Entries Near central bank

Cite this Entry

“Central bank.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/central%20bank. Accessed 14 Nov. 2024.

Legal Definition

central bank

see bank

More from Merriam-Webster on central bank

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