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European Central Bank

   Also found in: Dictionary/thesaurus, Acronyms, Wikipedia, Hutchinson 0.17 sec.
European Central Bank (ECB)
Bank created to monitor the monetary policy of the countries that have converted to the Euro from their local currencies. The original 11 countries are: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain.

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Following European Central Bank (ECB) policy closely these days is no easy task.
The data is seen as boosting the case for an interest rate increase by the European Central Bank next month.
While the Fed is likely nearing the end of its tightening cycle, there are hints the European Central Bank will begin to raise rates and China hiked rates last week.
 
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