European Central Bank

Speech parts

1. European Central Bank - Noun

2. European Central Bank - Proper noun

Meaning

the central bank of those members of the European Union who share a common currency

Synonyms

Hypernyms

Examples

We made a decision that monetary policy will be made by an independent European Central Bank. Gerhard Schröder

The most serious criticism of EMU is that by abandoning exchange rate adjustments it transfers to the labor market the task of adjusting for competitiveness and relative prices... losses in output and employment (and pressure on the European central bank to inflate) will predominate. Rudiger Dornbusch

The Federal Reserve has an official commitment to two different policies. One is to prevent inflation from getting too high. The second is to maintain high employment... the European Central Bank has only the first. It has no commitment to keep employment up. Noam Chomsky

The European Central Bank is Europe's equivalent of the Federal Reserve Source: Internet

According to the author, “the single market, the joint currency, and the European Central Bank are the only mechanisms that can prevent an economic collapse and enable an eventual recovery in Europe.” Source: Internet

European Central Bank The European Central Bank (Europäische Zentralbank) is one of the world's most important central banks. Source: Internet

Close letter words and terms