European central bank in economics and finance

2K views Feb 1, 2024

Hello everyone! Welcome to today's video, where we'll be exploring the European Central Bank, often referred to as the ECB. Established in 1998, the ECB plays a pivotal role in the European Union's economic landscape. It serves as the central bank for the Eurozone, the monetary union of 19 EU member states that have adopted the euro as their currency. The ECB's primary objective is to maintain price stability within the Eurozone, ensuring that inflation remains low and predictable.

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