Central Bank
A central bank is a national financial institution that manages a country's money supply, interest rates, and overall economic stability. It regulates the banking system, provides financial services to the government, and often plays a key role in controlling inflation and facilitating economic growth. By setting interest rates and overseeing currency issuance, it influences how much money is available for businesses and consumers. Central banks, like the Federal Reserve in the U.S. or the European Central Bank in the Eurozone, work to maintain financial stability and confidence in the country's economy.
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A central bank is a national financial institution that manages a country's currency, money supply, and interest rates. It acts as the government's bank and oversees the banking system. Central banks aim to maintain economic stability by controlling inflation and promoting employment. They can influence the economy by adjusting interest rates or buying and selling government bonds. Examples include the Federal Reserve in the United States and the European Central Bank. Essentially, central banks play a crucial role in ensuring a stable financial environment, which is vital for economic growth and the overall well-being of a nation.