Explained in plain English
What's a central bank?
The Bank of England is the UK's central bank. Its main job is to keep prices stable and support the government's economic policies. It does this by setting interest rates and managing the country's money supply. Other major central banks include the US Federal Reserve and the European Central Bank.
Stories that explain this
Pound holds near one-month high, but new data could shift ratesThis explainer came from a news story
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