Central bank

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Revision as of 10:07, 3 March 2015 by imported>John Grout (To refer to the euro area as such, putting the informal Eurozone in parenthesis.)
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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