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2 days ago · A central bank, reserve bank, national bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union. [1] In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base.
4 days ago · Despite the large surge in inflation across advanced economies since 2021, long-term expectations are mostly in line with central bank targets. However, this column argues that the factors which facilitated low average inflation for decades have started to reverse. These include globalisation, de-unionisation, and a deepening of the Washington consensus including especially fiscal restraint ...
20 hours ago · The stand out in April, across the Reuters sample of 18 central banks in developing economies, was a surprise interest rate hike by Indonesia - the first since October - and a bid to shore up the ...
3 days ago · The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. [5] The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA ...
- July 7, 1944 (79 years ago)
- World Bank Group
- 189 countries (IBRD), 174 countries (IDA)
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1 day ago · The concept of "Central Europe" appeared in the 19th century. It was understood as a contact zone between the Southern and Northern areas, and later the Eastern and Western areas, of Europe. Thinkers portrayed "Central Europe" either as a separate region, or a buffer zone between these regions. In the early nineteenth century, the terms "Middle ...
2 days ago · The United States is the fourth largest country in the world in area (after Russia, Canada, and China ). The national capital is Washington, which is coextensive with the District of Columbia, the federal capital region created in 1790. United States. The major characteristic of the United States is probably its great variety.
5 days ago · Western countries, including Israel's closest ally the United States, have pleaded with it to hold back from attacking the southern city, which abuts the Egyptian border and is sheltering more ...
