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European Central Bank

British  

noun

  1.  ECB.  the central bank of the European Union, established in 1998 to oversee the process of European Monetary Union and subsequently to direct monetary policy within the countries using the euro

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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“Will price pressures ease, giving the European Central Bank room for further interest rate cuts in December?,” they ask.

From The Wall Street Journal

French inflation held steady in November as a pickup in growth was confirmed for the third quarter, keeping the European Central Bank on course to keep rates unchanged.

From The Wall Street Journal

The European Central Bank believes interest rates are at the right level for now, minutes of its October meeting showed on Thursday, although the door is open to possible future rate cuts.

From Barron's

That boost to inflation is one reason why the BOE’s key interest rate is twice the level of the European Central Bank’s.

From The Wall Street Journal

In a speech on Friday, European Central Bank President Christine Lagarde stressed self-reliance and said that the world that globalization built is “disappearing.”

From The Wall Street Journal