Ch.2 Institutional Structure Article
Question
What is the ECB's primary objective and key feature, and where is it based?
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Answer
Price stability (Art. 127 TFEU); it is independent (Art. 130 TFEU) and based in Frankfurt.
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Became an EU institution under the Lisbon Treaty; heads the Eurosystem.
Consolidated TFEU (EUR-Lex) — eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:12016E/TXT
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