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Central Bank

A central bank is the monetary authority and major regulatory bank in a country.

A central bank is responsible for operating monetary policy and maintaining financial stability

Examples of central banks

  • Bank of England (UK)
  • European Central Bank (ECB) for all member nations of the Euro Area
  • United States Federal Reserve (The Fed)
  • Bank of Japan (BOJ)
  • Reserve Bank of Australia (AUD)
  • Reserve Bank of New Zealand (NZD)

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