The institution that sets a currency's interest rates and oversees the banking system, such as the Federal Reserve, the ECB or the Bank of England.
Glossary Business & Economy
Central bank
The institution that sets a currency's interest rates and oversees the banking system, such as the Federal Reserve, the ECB or the Bank of England.
Seen in our coverage of Central bank
Stories where this term does real work, rather than appearing in passing.
More from the glossary
Merger and acquisition
One company combining with or buying another. Deals of any size usually need clearance from competition…
Bill
A proposed law, still going through the legislature. It is not law until it has passed…
Bond
A loan to a government or company that pays interest and returns the principal at maturity.…
Cold storage
Keeping private keys on a device that never touches the internet. It defends against remote theft…