European Central Bank

noun

1. 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 ECB

Example Sentences

Other central banks within developed economies, including the Bank of England and the European Central Bank, have recently cut interest rates.

From BBC

Some banks, including the Bank of Canada and European Central Bank, have already announced rate cuts.

From BBC

The European Central Bank is in a tough spot.

From New York Times

This month, the European Central Bank cut rates for the first time in about five years but warned that it would take a cautious approach to future cuts.

From New York Times

Other central banks around the world have already begun to lower rates, including the Bank of Canada on Wednesday and the European Central Bank on Thursday.

From New York Times