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• n  a government monetary authority that issues currency and regulates the supply of credit and holds the reserves of other banks and sells new issues of securities for the government

News & Articles

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• Central bank group sees policy change challenge
  A body that represents many of the world's top central banks says policymakers should be mindful of the risks of maintaining ultra-loose monetary policies too long. The Bank for International Settlements, ...
  June 23, 2013 - Associated Press via Yahoo! News
• Central Banks Criticize Europe for Political Gridlock on Economy
  The Bank for International Settlements warned political leaders not to expect central banks to hold the global economy together forever.
  June 23, 2013 - New York Times
• Amid China market stand off, calls for a more transparent central bank
  By Jason Subler BEIJING (Reuters) - China's central bank rarely explains its actions in public and keeps markets guessing on policy, but the angst created by its stand off with banks in the money markets is prompting calls for it to change tack. The People's Bank of China (PBOC) let short-term interest rates spike to extraordinary levels this past week as it refused to inject funds into money ...
  June 23, 2013 - Reuters via Yahoo! News