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central bank



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Walter Bagehot, the 19th-century editor of the Economist magazine, summed up the role of the central bank as being to lend to banks freely, against good collateral, at a penalty rate.

From The Wall Street Journal Aug. 16, 2026

Switzerland’s central bank has said it would act to stem an uncontrolled rise in the franc.

From The Wall Street Journal Aug. 14, 2026

The central bank will wait for the next batch of inflation reports in late August and early September before making a decision.

From MarketWatch Aug. 13, 2026

Analysts expect Wednesday's data will give the US central bank room to breathe on the timing of potential rate hikes to curb inflation, with several Fed policymakers indicating the need for such a move.

From Barron's Aug. 12, 2026

One kind of monetary policy, which involves the central bank buying private assets, is chunked as quantitative easing.

From "The Sense of Style" by Steven Pinker




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