Central bank

From ACT Wiki
Revision as of 06:27, 8 August 2016 by imported>Doug Williamson (Add links.)
Jump to navigationJump to search

A bank which acts as bank for the government and the other banks in a country or economic area.

In the UK, it is the Bank of England.

In the euro area (informally the Eurozone or Euro zone), it is the European Central Bank.

In the United States, it is the Federal Reserve System.


See also