# Central Bank

*Macro & Economy — Finicade finance glossary*

The institution that runs a country's money — setting the base interest rate, managing the money supply and backstopping the banking system. The Fed, the ECB and the Bank of England are the household names.

**Also known as:** central bank independence, central bank money vs bank deposits

**Related terms:** [Monetary Policy](https://finicade.com/glossary/monetary-policy), [Interest Rate](https://finicade.com/glossary/interest-rate), [Quantitative Easing](https://finicade.com/glossary/quantitative-easing)

**Taught in:** Macro & Markets — How Money Is Created

Source: https://finicade.com/glossary/central-bank