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european central bank

 

Definitions from WordNet

Noun european central bank has 1 sense
  1. European Central Bank - the central bank of those members of the European Union who share a common currency; "The European Central Bank is Europe's equivalent of the Federal Reserve"
    --1 is a kind of
    central bank

Definitions from the Web

European Central Bank

Description:

The European Central Bank (ECB) is the central bank responsible for monetary policy in the Eurozone. It manages the euro currency and aims to ensure price stability within the region. The ECB is an independent institution and a key component of the European System of Central Banks.

Senses:

Sense 1 - Proper Noun:

The European Central Bank refers to the central bank institution responsible for monetary policy in the Eurozone.

Example sentence: The European Central Bank is headquartered in Frankfurt, Germany.

Sense 2 - Noun:

The European Central Bank can also refer to the governing body that makes decisions regarding monetary policy and oversees the Eurozone's financial system.

Example sentence: The European Central Bank announced an interest rate cut to stimulate economic growth.

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