Bank of England

简明释义

英伦银行

英英释义

The central bank of the United Kingdom, responsible for issuing currency, managing monetary policy, and overseeing financial stability.

英国的中央银行,负责发行货币、管理货币政策以及监督金融稳定。

例句

1.The interest rates set by the Bank of England significantly influence the UK economy.

英格兰银行设定的利率对英国经济有重大影响。

2.During the recession, the Bank of England implemented quantitative easing to stimulate growth.

在经济衰退期间,英格兰银行实施了量化宽松政策以刺激增长。

3.The Bank of England's role is crucial in maintaining financial stability.

英格兰银行在维护金融稳定方面的角色至关重要。

4.The Bank of England was established in 1694 and is one of the oldest central banks in the world.

英格兰银行成立于1694年,是世界上最古老的中央银行之一。

5.Many investors closely monitor the announcements from the Bank of England for signs of economic change.

许多投资者密切关注英格兰银行的公告,以寻找经济变化的迹象。

作文

The Bank of England is the central bank of the United Kingdom, established in 1694. Its primary purpose is to issue currency and manage monetary policy to ensure economic stability. The Bank of England plays a crucial role in the UK’s financial system, acting as a lender of last resort and overseeing the banking sector. One of its most significant responsibilities is to set interest rates, which directly influence inflation and economic growth. By adjusting these rates, the Bank of England aims to maintain price stability and support the government’s economic objectives.In addition to managing monetary policy, the Bank of England also has a vital role in regulating the financial industry. It supervises banks and other financial institutions to ensure they operate safely and soundly. This regulatory function helps to protect consumers and maintain confidence in the financial system. The Bank of England also monitors systemic risks that could threaten the stability of the financial system as a whole.Another important aspect of the Bank of England is its involvement in foreign exchange markets. The bank manages the UK’s foreign reserves and intervenes in currency markets when necessary to stabilize the pound. This intervention can help prevent excessive volatility in the currency markets, which can have wide-ranging effects on the economy.The Bank of England also contributes to the development of financial infrastructure in the UK. It operates the Real-Time Gross Settlement (RTGS) system, which facilitates the settlement of interbank payments. This system is essential for maintaining the smooth functioning of the payment system and ensuring that transactions are settled promptly and securely.Public trust in the Bank of England is paramount for its effectiveness. The bank operates independently from the government, which allows it to make decisions based on economic data rather than political pressures. This independence is crucial for maintaining credibility and ensuring that monetary policy is conducted in the best interest of the economy. The Bank of England communicates its policies and decisions transparently, providing regular reports and updates to the public and financial markets.In recent years, the Bank of England has faced numerous challenges, including the impact of Brexit and the COVID-19 pandemic. These events have required the bank to adapt its policies and respond to rapidly changing economic conditions. The Bank of England has implemented various measures, such as quantitative easing, to support the economy during these turbulent times.In conclusion, the Bank of England is a fundamental institution in the UK’s economy. Its functions in monetary policy, financial regulation, and market stability are essential for promoting economic growth and ensuring financial security. Understanding the role and responsibilities of the Bank of England is crucial for anyone interested in economics or finance. As the UK continues to navigate complex economic challenges, the importance of the Bank of England will only grow, making it a key player in shaping the future of the country’s financial landscape.

英格兰银行是英国的中央银行,成立于1694年。其主要目的是发行货币并管理货币政策,以确保经济稳定。英格兰银行在英国金融体系中发挥着至关重要的作用,作为最后贷款人,并监督银行部门。其最重要的职责之一是设定利率,这直接影响通货膨胀和经济增长。通过调整这些利率,英格兰银行旨在维持价格稳定并支持政府的经济目标。除了管理货币政策外,英格兰银行在监管金融行业方面也发挥着重要作用。它监督银行和其他金融机构,以确保它们安全稳健地运营。这一监管职能有助于保护消费者并维持对金融体系的信心。英格兰银行还监测可能威胁金融体系整体稳定的系统性风险。英格兰银行的另一个重要方面是参与外汇市场。该银行管理着英国的外汇储备,并在必要时介入货币市场以稳定英镑。这种干预可以帮助防止货币市场的过度波动,这可能会对经济产生广泛影响。英格兰银行还为英国金融基础设施的发展做出了贡献。它运营实时全额结算(RTGS)系统,促进银行间支付的结算。该系统对于维护支付系统的顺利运作至关重要,确保交易及时且安全地结算。公众对英格兰银行的信任对其有效性至关重要。该银行独立于政府运作,这使其能够基于经济数据而不是政治压力做出决策。这种独立性对于维护信誉和确保货币政策符合经济最佳利益至关重要。英格兰银行以透明的方式传达其政策和决策,定期向公众和金融市场提供报告和更新。近年来,英格兰银行面临许多挑战,包括脱欧和新冠疫情的影响。这些事件要求该银行调整其政策,以应对快速变化的经济形势。英格兰银行实施了各种措施,例如量化宽松,以支持经济在这些动荡时期。总之,英格兰银行是英国经济中的一个基本机构。其在货币政策、金融监管和市场稳定方面的职能对于促进经济增长和确保金融安全至关重要。理解英格兰银行的角色和职责对任何对经济或金融感兴趣的人来说都是至关重要的。随着英国继续应对复杂的经济挑战,英格兰银行的重要性只会增加,使其成为塑造国家金融格局未来的关键参与者。