English Reference
Noun

ecb

n. countable
C1 Advanced ecb Computing

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.


SIMPLE

The ECB decided to keep interest rates the same this month.

COMPLEX

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).

However, in June 2026, the ECB raised rates to 2.25% as it reacted to the Iran war.

BBC News· 19 Aug 2026

But despite those falls, the European Central Bank (ECB) raised interest rates for the first time in nearly three years in June, from 2% to 2.25%.

BBC News· 19 Aug 2026
This entry
Level C1 · Advanced
Frequency Occasional
Updated