Special Liquidity Scheme
A special liquidity scheme is a financial arrangement designed to inject temporary…
Quantitative Easing (QE)
Quantitative easing is a monetary policy where a central bank injects liquidity…
Primary Discount Rate
The primary discount rate is the interest rate at which commercial banks…
Open-Market Operations
Central banks use open-market operations to manage the money supply and influence…
Old Lady of Threadneedle Street
The 'Old Lady of Threadneedle Street' is a nickname for the Bank…
Monetary Policy Committee
The Monetary Policy Committee (MPC) is a group responsible for setting a…
European Central Bank (ECB)
The European Central Bank (ECB) is the central bank for the euro,…
Central Bank: Definition, Functions, and Importance
A central bank is a crucial financial institution responsible for managing a…