reserve bank

noun

: a central bank holding reserves of other banks

Examples of reserve bank in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The seven-member Federal Reserve board generally sets monetary policy for the nation's reserve banks and Trump has been urging it and its chairman, Jerome Powell, to lower interest rates; if able to replace Cook, Trump could add an ally of his position to the board. Todd Spangler, Freep.com, 27 Aug. 2025 But with Powell’s term as Fed chairman up next May, and Trump already preparing to appoint his replacement, the President could soon be in position to exert his control over the central bank, which would surely include an effort to install loyalists at the regional reserve banks, too. John Cassidy, New Yorker, 26 Aug. 2025 This week the Federal Open Market Committee — the rate-setting panel that’s comprised of seven governors and five of the regional reserve bank presidents — voted 9-2 to leave rates unchanged. Bloomberg News, Boston Herald, 2 Aug. 2025 All members of the Fed board are part of the FOMC, which also includes a rotation of regional reserve bank officials. Tobias Burns, The Hill, 30 July 2025 See All Example Sentences for reserve bank

Word History

First Known Use

1816, in the meaning defined above

Time Traveler
The first known use of reserve bank was in 1816

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Cite this Entry

“Reserve bank.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/reserve%20bank. Accessed 2 Sep. 2025.

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