ECB Governing Council

The European Central Bank (ECB) Governing Council is the main decision-making body of the ECB, which oversees monetary policy for the Eurozone. It consists of the central bank governors of the 19 Eurozone countries and the six members of the ECB's Executive Board. The Council meets regularly to set interest rates, control inflation, and ensure financial stability. Its decisions impact the economy by influencing borrowing and spending, directly affecting consumers and businesses. Essentially, the Governing Council works to maintain a stable Euro and a healthy economic environment in Europe.