Role of central banks

What is England’s central bank called?

The Bank of England

Who does the Bank of England lend money to?

Other highstreet banks such as NatWest

What is the Bank of England’s role?

lending to the highstreet banks and the government, where it plays a role in monetary policy

What is QE?

Quantitative easing occurs when the central bank buys financial assets (like government bonds) from highstreet banks. This means that these banks have more cash which they can use to lend. This increases borrowing, which increases investment. There is then a positive multiplier effect, which leads to economic growth.

What is the cental banks role in the banking industry?

to regulate the banking industry

What is the name of the strict set of financial regulation rules imposed by the Federal Reserve in America in 2011 ?

Basel III.