Economics B A-Level
Central bank
What Central bank means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Central bank
Check what you remember
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Reference: Pearson Edexcel
The institution, such as the Bank of England, that implements monetary policy and whose Monetary Policy Committee sets the base interest rate independently.
Topics that use Central bank
- The role of the central bank (Pearson Edexcel A-Level)
Related terms
- Base rate
- Central banking
- Financial stability
- Inflation targeting
- Inflationary pressures
- Liquidity and solvency
- Macroprudential regulation
- Monetary policy
Using Central bank in the exam
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