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  2. Central bank - Wikipedia

    en.wikipedia.org/wiki/Central_bank

    Macroeconomics. A central bank, reserve bank, national bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union. [1] In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base.

  3. Federal Reserve - Wikipedia

    en.wikipedia.org/wiki/Federal_Reserve

    The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States.It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of 1907) led to the desire for central control of the monetary system in order to alleviate financial crises.

  4. European Central Bank - Wikipedia

    en.wikipedia.org/wiki/European_Central_Bank

    European Central Bank. The European Central Bank (ECB) is the central component of the Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union. [2] It is one of the world's most important central banks with a balance sheet total of around 7 trillion. [3]

  5. Fed to cut rates by 25 basis points on Sept. 18, twice more ...

    www.aol.com/news/fed-cut-rates-25-basis...

    The Federal Reserve will lower interest rates by 25 basis points at each of the U.S. central bank's three remaining policy meetings in 2024, according to a majority of economists in a Reuters poll ...

  6. China's central bank unveils most aggressive stimulus since ...

    www.aol.com/news/china-central-bank-says-cut...

    BEIJING (Reuters) -China's central bank on Tuesday unveiled its biggest stimulus since the pandemic to pull the economy out of its deflationary funk and back towards the government's growth target ...

  7. Bank of England - Wikipedia

    en.wikipedia.org/wiki/Bank_of_England

    The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government 's banker and debt manager, and still one of the bankers for the Government of the United Kingdom, it is the world's eighth-oldest bank.

  8. List of central banks - Wikipedia

    en.wikipedia.org/wiki/List_of_central_banks

    Central Bank Name Currency Currency Share Percentage of Global Allocated Reserves in Q4 2022 (%) Central Bank Governor Native Name of Central Bank Establishment United States: Federal Reserve: United States dollar: 58.36 Jerome Powell: 1913 European Union: European Central Bank: Euro: 20.47 Christine Lagarde: 1998 Japan: Bank of Japan: Japanese ...

  9. List of sovereign states by central bank interest rates

    en.wikipedia.org/wiki/List_of_sovereign_states...

    Retrieved 18 September 2024. ^ "Policy Rates". Central Bank of the Islamic Republic of Iran. Retrieved 20 July 2024. ^ "The Monetary Committee decides on January 1, 2024 to reduce the interest rate by 0.25% to 4.5%". Bank of Israel. 1 January 2024. ^ "Monetary Policy Decisions & Schedule". Bank of Jamaica.

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