European Central Bank

The European Central Bank (ECB) is the central bank for the eurozone, which includes 19 of the 27 European Union countries that use the euro as their currency. Its primary roles are to maintain price stability, manage inflation, and oversee the euro's monetary policy. The ECB sets interest rates and supervises banks to ensure financial stability within the region. By coordinating economic policy among member states, the ECB aims to foster economic growth and stability in Europe, ultimately benefiting the citizens and businesses of its member countries.