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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Which is why central banks are powerless over where dollars go and in what amount. John Tamny, Forbes, 19 Jan. 2025 The central bank spiked its key borrowing rate by 5.25 percentage points during its inflation fight but has lowered it a full point since then as officials grow more comfortable with where inflation is heading. Jeff Cox, CNBC, 19 Jan. 2025 The central bank has slashed its key interest rate by a percentage point since September, moving ahead with a plan to bring rates closer to normal after inflation slowed through the first nine months of last year. Paul Davidson, USA TODAY, 15 Jan. 2025 Yet the Fed has struggled with the last leg of its inflation battle in pushing the CPI to a 2% annual rate, and December's reading could convince the central bank to hold off on another rate cut at its next meeting, scheduled for Jan. 29. Aimee Picchi, CBS News, 15 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 22 Jan. 2025.

Legal Definition

central bank

see bank

More from Merriam-Webster on central bank

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