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Central Bank
HomeGlossary TermsCentral Bank

Central Bank

June 22, 2023BY Ubik Capital
38Views
41 Likes

A central bank is responsible for managing the monetary policy and currency of a specific nation-state. It serves as the financial institution for the government, wielding authority over interest rates and the money supply. In the United States, the Federal Reserve fulfills the role of the central bank.

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