ECB

The European Central Bank (ECB) plays a crucial role in the financial stability and economic health of the Eurozone. As the central bank for Europe’s single currency, the euro, the ECB is responsible for monetary policy, overseeing the banking system, and ensuring price stability across member states. By managing interest rates and controlling money supply, the ECB aims to keep inflation in check while fostering economic growth and employment. Collaboration with other national central banks further enhances its effectiveness. Understanding the functions and decisions of the ECB is key for anyone involved in European finance or interested in the broader economic landscape.