The European Central Bank is responsible for monetary policy in all countries that have adopted the euro as their currency.

Question

Quizplus · Accepted Answer

This statement is true. The European Central Bank (ECB) is responsible for setting and implementing monetary policy for the Eurozone, which includes all countries that have adopted the euro as their currency. The ECB is located in Frankfurt, Germany, and its primary objective is to maintain price stability in the Eurozone.

The European Central Bank Is Responsible for Monetary Policy in All