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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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The week’s data calendar is thin after the European Central Bank’s policy meeting where it left policy rates on hold, as expected.

From The Wall Street Journal

"Delays in the legislative process would risk breaking the momentum," Piero Cipollone, a European Central Bank executive board member, said in a speech in Cyprus.

From Barron's

Inflation has tapered to 1.7% annually, which may impel the European Central Bank to cut interest rates below their current 2%.

From Barron's

A rising euro and falling inflation will present fresh challenges for the European Central Bank at its meeting Thursday, potentially reviving debate about if and when policymakers should start cutting interest rates.

From Barron's

Investors are all-but-certain the European Central Bank will keep borrowing costs at 2% when it announces its own decision an hour and 15 minutes later.

From Barron's