ecb
n. countable C1 Advanced ecb
n. Stands for European Central Bank. The main bank for the European Union that manages the euro and keeps prices stable.
n. Abbreviation for European Central Bank. The central institution of the Economic and Monetary Union, responsible for administering monetary policy within the Eurozone and maintaining price stability.
The ECB decided to keep interest rates the same this month.
By adjusting key interest rates and managing liquidity, the ECB aims to keep inflation below, but close to, two percent over the medium term.
Usage
Usually used with the definite article 'the' (the ECB).