Which of the following controls the monetary policy for countries that use the euro?

Question

Quizplus · Accepted Answer

The European Central Bank (ECB) controls the monetary policy for countries that use the euro. The ECB is based in Frankfurt, Germany and is responsible for maintaining price stability and making decisions on interest rates and other monetary policy measures for the eurozone countries. The World Bank and the Bank of London do not control monetary policy for the eurozone, and while the German Central Bank is an important central bank within the eurozone, it does not set policy for the entire region.

Which of the Following Controls the Monetary Policy for Countries