Our explainers translate complex topics into plain language
Our explainers aim to make complex central banking topics understandable for all audiences. Whether you’ve ever wondered how our monetary policy decisions impact you or what bitcoin is, you can find out in our simple texts, videos and infographics.
Why does the ECB want to keep prices stable?
Keeping prices stable is the ECB’s main objective. But what do we mean by “stable prices”? And wouldn’t it be better for all of us if prices decreased and things got cheaper? Find out more about price stability and why it helps us all.Why are stable prices important?
Can the ECB do whatever it wants?
Central bank independence is debated around the world. But why is it so important? Does it mean that central banks can do whatever they want? Find out more about the rationale behind the ECB’s independence, how we are held accountable and how this benefits you.Why is the ECB independent?
What is the European Central Bank?
Want to know more about what the ECB does and how it relates to you in your daily life? Check out this explainer to find out.What is the European Central Bank?
The ECB explains
In a hurry? Take a look at our one-minute video explainers. In this video, our colleague Jean-François explains how being accountable to the European Parliament helps us work for and connect with you.Take a look at our video explainers
OUR LATEST EXPLAINERS
27 June 2020
What are interest rates and what is the difference between nominal and real interest rates?
Find out more about the ECB and its monetary policy
Speak to us: the ECB Youth Dialogue
The decisions we take have an impact on your day-to-day life. That’s why we want to make sure that instead of you just hearing about us and what we do, you also have the chance to talk to us directly. The ECB Youth Dialogue gives you the chance to do exactly that.More on the ECB Youth Dialogue
Visit us: the ECB Visitor Centre
Unfortunately, visits to the ECB are currently suspended due to the coronavirus pandemic. You can take a virtual tour of our Visitor Centre to learn about us and what the ECB does for you.Discover the Visitor Centre