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A central bank, reserve bank, national bank, or monetary authority is an institution that manages the monetary policy of a country or monetary union. [1] In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. What Is a Central Bank, and Does the U.S. A central bank is a financial institution that is responsible for overseeing the money system and policy of a nation or group of nations, regulating its money supply, and setting interest rates.
Federal Reserve Board - Home. Stay Connected Recent Postings Calendar Publications Site Map A-Z index Careers FAQs Videos Contact Advanced Board of Governors of the Federal Reserve System The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system. What Is a Central Bank? What Do Central Banks Do? Moreover, a central bank is a public institution that directs monetary policy within a country, state, or territory, or within a group of countries, states, and territories.
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