European Central Bank

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

Example Sentences

A quiet week in data follows the European Central Bank’s policy meeting, where rates were left unchanged amid a relatively upbeat view on the eurozone’s growth outlook.

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—Eurozone government bond yields rose in early trade, absorbing the European Central Bank’s policy meeting on Thursday.

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French inflation cooled a little in October despite an unexpectedly strong upswing in the economy, likely helping keep European Central Bank policymakers on course to hold interest rates well into next year.

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The European Central Bank also held rates steady.

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The European Central Bank held interest rates steady on Thursday, as investors question whether the institution’s most aggressive easing campaign since the financial crisis is really done.

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