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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Mid-morning remarks by Chicago Fed President Austan Goolsbee, confirming that rates could still decline next year despite the central bank’s cautious stance, also helped lift bond prices. Yun Li,brian Evans,sawdah Bhaimiya, CNBC, 20 Dec. 2024 Three months later, just after the central bank on Wednesday announced its third cut of the year, the federal funds rate is down a full percentage point. Andrea Riquier, USA TODAY, 19 Dec. 2024 The central bank’s latest move leaves its benchmark lending rate at a range of 4.25%-4.5%, a two-year low. Alexandra Banner, CNN, 19 Dec. 2024 Although inflation has receded, reaching the central bank's target of two percent has proved challenging. Benedict Cosgrove, Newsweek, 19 Dec. 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 30 Dec. 2024.

Legal Definition

central bank

see bank

More from Merriam-Webster on central bank

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