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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Fed fund futures pricing indicates a rate of 3.9% by the central bank’s December meeting, implying about a 62% probability of two cuts before the end of the year, according to CME Group data. Jeff Cox, CNBC, 30 Jan. 2025 Recognizing the Fed’s failings in the 1970s, Congress amended the Federal Reserve Act in 1977 to include additional reforms, such as requiring the Fed chair to report to Congress twice a year to testify on the central bank’s activity. Elisabeth Buchwald, CNN, 30 Jan. 2025 The central bank cut rates by a full percentage point as inflation receded and the unemployment rate inched up. Courtenay Brown, Axios, 30 Jan. 2025 Federal Reserve Chair Jerome Powell has over the years steadfastly defended the central bank's independence. Aimee Picchi, CBS News, 29 Jan. 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

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 8 Feb. 2025.

Legal Definition

central bank

see bank

More from Merriam-Webster on central bank

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