# Central Bank

**IRI:** https://folio.openlegalstandard.org/RBK60WFmXaKPDEXd5H5DQ

## Labels

**Preferred Label:** Reserve Bank

**Alternative Labels:**

- National Bank

## Definition

A central bank is a national financial institution responsible for managing a country's monetary policy, issuing currency, and regulating the banking sector to ensure financial stability. Central banks play a crucial role in controlling inflation, setting interest rates, and serving as a lender of last resort to commercial banks during financial crises.

## Examples

- Federal Reserve

## Sub Class Of

- https://folio.openlegalstandard.org/R9TyJ8yqLicto5rFa8puek4

## See Also

- Monetary Authority

**Deprecated:** False