central bank
Example Sentences
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STOCKHOLM—Sweden’s central bank held its key policy rate at 1.75% but said it remains vigilant and ready to act if the Middle East conflict begins to impact inflation or the economic outlook.
The Bank of England and the European Central Bank are expected to follow the Fed in holding interest rates steady Thursday, mirroring similar moves by central banks in Switzerland and Japan earlier in the day.
But soaring energy prices amid conflict in the Middle East threaten to push up inflation and derail the central bank’s rate path.
However, the bank stressed it would keep its options open, including taking interest rates below zero, a move that would mean commercial banks pay to borrow from the central bank.
The central bank kept its benchmark discount rate at 2.000% for an eighth consecutive meeting, as economists expected.
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.