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STATE & POWER
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Institutional power file · ECB

European Central Bank

How the Governing Council sets euro-area monetary policy and how its mandate, transmission mechanisms and member central banks shape implementation.

Power mechanisms

Where authority actually moves

01Governing Council
02Policy rates
03Eurosystem operations
04Banking supervision

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Primary record

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Primary sourceECB: Governing Council↗
European Central Bank | Institutions & Power | State & Power | State & Power