1. European Central Bank and the Federal Reserve System
... regard to the single monetary policy for the euro area and the implementation of such decisions. In accordance with the Treaty establishing the European Community and the Statute of the European System of Central Banks and of the European Central Bank, the primary objective of the Eurosystem is to maintain price stability. Without prejudice to this objective, the Eurosystem will support the general ... economic policies in the Community and act in accordance with the principles of an open market economy. Similarly to the Fed, at the top of the European Central Bank is the Governing Counc...
- Word Count: 2990
- Approx Pages: 12
- Has Bibliography
- Grade Level: Undergraduate