central bank
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central bank
A national or supranational institution that is responsible for the monetary and currency policy of a country or currency area. It issues money, controls the money supply, and supervises other banks.
Die Europäische Zentralbank hat ihren Sitz in Frankfurt am Main.
The European Central Bank is headquartered in Frankfurt am Main.
The word is composed of 'zentral' (central) and 'Bank' (bank). So it literally refers to a bank that has a central function in the financial system of a country or region.
Die Zentralbank ist für die Stabilität der Währung verantwortlich.
The central bank is responsible for the stability of the currency.
Common verbs used with 'Zentralbank' (central bank) are 'den Leitzins erhöhen/senken' (to raise/lower the key interest rate), 'die Geldpolitik steuern' (to manage monetary policy), and 'für Preisstabilität sorgen' (to ensure price stability).
Viele hoffen, dass die Zentralbank den Leitzins bald senken wird.
Many people hope that the central bank will lower the key interest rate soon.
'Zentralbank' (central bank) is a technical term from economics and politics. You often find the word in the news, specialist articles, and official reports.
In den Wirtschaftsnachrichten wurde über die neueste Entscheidung der Zentralbank berichtet.
The latest decision by the central bank was reported in the business news.
central bank
Zentralbank and Notenbank can refer to the same institution responsible for monetary and currency policy. Zentralbank is the broader standard term. Notenbank traditionally places more emphasis on the institution's role in issuing banknotes, without excluding its other responsibilities.
Die Zentralbank steuert die Geldmenge und beaufsichtigt andere Banken.
The central bank controls the money supply and supervises other banks.
Die Notenbank gibt neue Banknoten für den Währungsraum aus.
The central bank is issuing new banknotes for the currency area.
