The major objective of the European Central Bank is to ________.
A)set monetary policy for EU countries that adopt the euro
B)ensure that EU interest rates are equal to U.S. rates
C)control taxes as a means of monitoring EU debt
D)reduce spending by EU countries

Question

Quizplus · Accepted Answer

The European Central Bank's main objective is to set monetary policy for the Eurozone countries in order to maintain price stability and support economic growth. This includes setting interest rates, managing inflation, and supervising banks. The other options listed are not within the ECB's jurisdiction or focus.

The Major Objective of the European Central Bank Is to ________