Central bank
A central bank, reserve bank, national bank, state bank, or monetary authority is a financial institution that manages the monetary policy of a country or monetary union. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Many central banks also have supervisory or regulatory powers to ensure the stability of commercial banks in their jurisdiction, to prevent bank runs, and, in some cases, to enforce policies on financial consumer protection, and against bank fraud, money laundering, or terrorism financing. Central banks play a crucial role in macroeconomic forecasting, which is essential for guiding monetary policy decisions, especially during times of economic turbulence.
Sumber Data : Wikipedia
- Related Topics: Bank For International Settlements - The Bank For International Settlements Is An International Financial Institution Which Is Owned By Members' Central Banks. Its Primary Goal Is To Foster International Monetary And Financial Cooperation While Serving As A Bank For Central Banks., Foreign Exchange Reserves - Foreign Exchange Reserves Are Cash And Other Reserve Assets Such As Gold And Silver Held By A Central Bank Or Other Monetary Authority That Are Primarily Available To Balance Payments Of The Country, Influence The Foreign Exchange Rate Of Its Currency, And To Maintain Confidence In Financial..., Fractional-Reserve Banking - Fractional-Reserve Banking Is The System Of Banking Under Which Banks Typically Make Loans By Accepting Loan Agreements In Exchange For Newly Created Money They Add To Borrowers' Accounts, While Maintaining Reserves Whose Value Is Only A Fraction Of Their Liabilities., Free Banking - Free Banking Is A Monetary Arrangement Where Banks Are Free To Issue Their Own Paper Currency While Also Being Subject To No Special Regulations Beyond Those Applicable To Most Enterprises., Full-Reserve Banking - Full-Reserve Banking Is A System Of Banking Where Banks Do Not Lend Demand Deposits And Instead Only Lend From Time Deposits., History Of Central Banking In The United States - This History Of Central Banking In The United States Encompasses Various Bank Regulations, From Early Wildcat Banking Practices Through The Present Federal Reserve System., Banks, Banking Terms, Central Banks