
ECB
The ECB, or European Central Bank, is the main financial authority for the Eurozone countries that use the euro. Its primary role is to maintain price stability by controlling inflation, ensuring that prices don't rise too quickly. It manages interest rates, supervises banks, and implements monetary policy to support economic growth and stability across these countries. Essentially, the ECB acts like a central bank for the euro, helping to keep the currency stable and the economy healthy within the member nations.