central bank

noun

: a national bank that operates to establish monetary and fiscal policy and to control the money supply and interest rate
central banker noun

Examples of central bank in a Sentence

Recent Examples on the Web
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The market is pricing in roughly a 96% chance that the central bank will leave the benchmark rate unchanged, according to the CME FedWatch tool. Morgan Chittum, CNBC, 7 Mar. 2026 The central bank held interest rates steady at its most recent meeting in January, ending a string of three consecutive quarter-point rate cuts. Max Zahn, ABC News, 6 Mar. 2026 The central bank's rate decisions do not directly impact mortgage rates, but do affect the broader lending environment. Mary Cunningham, CBS News, 5 Mar. 2026 That could make the central bank less likely to cut benchmark interest rates, meaning that the cost of borrowing money, for businesses and households, would remain higher than was thought even last month. Elaine Kurtenbach, Chicago Tribune, 5 Mar. 2026 See All Example Sentences for central bank

Word History

First Known Use

1841, in the meaning defined above

Time Traveler
The first known use of central bank was in 1841

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Cite this Entry

“Central bank.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/central%20bank. Accessed 11 Mar. 2026.

Legal Definition

central bank

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