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Central bank

A national monetary authority, such as the U.S. Federal Reserve, European Central Bank, Bank of England, or Bank of Japan, which regulates the money supply and credit, issues currency, and manages the rate of exchange.

Related Articles:
  • Glossary: Monetary policy
  • Glossary: Loose monetary policy
  • Political Theater
  • Glossary: Central banker
  • Glossary: Bank of England

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