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
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Higher domestic inflation has prompted the Bank of Japan to raise interest rates, in contrast to other major central banks that are lowering rates. Lim Hui Jie, CNBC, 20 Mar. 2025 Indeed, investors may not have learned much from the central bank and Powell's remarks given that economists have already begun forecasting weaker growth and higher inflation as the U.S. moves to deploy tariffs against Canada, China, Europe, Mexico and other countries. Alain Sherter, CBS News, 20 Mar. 2025 In summary, there is now a trend toward fiscal consolidation in the world economy and arguably a passage towards central banks as the underwriters of growth. Mike O'Sullivan, Forbes, 20 Mar. 2025 Bitcoin is not working very well at what it was intended to be, which is a trustless medium of exchange that does not involve any third-party intermediaries or central bank money. Allison Morrow, CNN, 20 Mar. 2025 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

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Cite this Entry

“Central bank.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/central%20bank. Accessed 26 Mar. 2025.

Legal Definition

central bank

see bank

More from Merriam-Webster on central bank

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