An EU central bank,equivalent to the U.S.Federal Reserve Board,has been established to set common monetary policy within the EU.

Question

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The European Central Bank (ECB) is the central bank of the European Union, responsible for setting monetary policy for the eurozone, which consists of 19 EU member states that have adopted the euro as their currency. It is the equivalent of the Federal Reserve Board in the United States.

An EU Central Bank,equivalent to the U