The Bank of Canada (BoC) helps manage the country’s money and keeps the Canadian Dollar valuable. It acts like a bank for the government, but it doesn’t buy and sell money for profit. Instead, it helps control the value of

The Monetary policy of the United Kingdom is conducted by the Central Bank of the UK also known as the Bank of England (BoE). It is one of the most vital in the country and its major function is to

The Bank of Japan (BoJ) as is the case with all other central banks is responsible for the monetary policy of Japan. It works in the same way as the Federal Reserve in the USA or the European Central Bank

The Bank of International Settlements (BIS), or BIS for short, is a sort of ‘central bank’s bank’. It helps nations coordinate their efforts to keep the international financial system stable and well-oiled. The Bank for International Settlements, established in 1930,

A central bank is an institution that holds the monetary of a given area, controls the volume of money that is available to the population, and oversees the stability of the country’s economy. It is needed for the stability of

The Deutsche Bundesbank is Germany’s central bank. Much like a headmaster oversees the running of the school.  The Deutsche Bundesbank is an institution that assists in overseeing the German money and financial system. It has a central role in managing

The European Central Bank is one of the major financial bodies that exist in the European zone. It is also responsible for handling the single currency which is the euro adopted by 20 member countries of the European Union. Among

The Federal Reserve is the central bank of the United States; formally called the Federal Reserve. It is a very important part of the country’s economic stability and health. Now, imagine this as the organization that oversees that money circulates

FOMC refers to the Federal Open Market Committee which is a part of the U.S Federal Reserve or Fed and this is the central bank of the United States of America. Among them are the monetary stock of the country

Monetary Policy Committee abbreviated (MPC) is a team of professionals, which assist in the management of a country’s economy through decisions on money and interest rates. Suppose they are like a team that is coaching a sports team but instead,