european central bank (ecb)
The European Central Bank (ECB) is the central bank for the eurozone, which consists of 19 European Union countries that have adopted the euro as their currency. It is responsible for maintaining price stability, formulating and implementing monetary policy, and supervising the banking system within the eurozone. The ECB conducts various operations to control inflation, manage interest rates, and ensure the smooth functioning of the euro currency.
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Similar Concepts
- central bank
- central bank actions
- central bank communication and coordination
- central bank coordination
- central bank intervention
- central bank policies
- central banking
- central banks
- central banks' reserve management
- eurobonds
- european bank for reconstruction and development (ebrd)
- international central bank coordination
- international monetary policy
- multilateral central bank agreements
- regional central bank coordination