Central Banks

A financial institution that manages the currency and monetary supply of a nation state.

The mandate of central banks is often to control domestic employment and maintain price stability of a national currency.

Examples of central banks include:

  • United States Federal Reserve
  • European Central Bank
  • Bank of England

References

  1. Braun, Benjamin, and Daniela Gabor. 2019. ‘Central Banking, Shadow Banking, and Infrastructural Power’. https://doi.org/10.31235/osf.io/nf9ms.