ECB (European Central Bank) – central bank for the euro and administers monetary policy of the Eurozone, which consists of 19 EU member states.ECB announcements very important for traders. ECB announcements informs everyone about the decision on interest rates and are one of the most anticipated events on the economic calendar (official website). On this news the rate for EURUSD traded at 1.1090, compared with 1.1091 before the announcement. The pan-euro zone index, the Euro Stoxx 50 traded at 3,760.40, compared with 3,758.05. When is the next ECB meeting and interest rate announcement? The Governing Council’s monetary policy meeting is held every six weeks, with the next meeting scheduled for Thursday 12 March 2020. The council’s decisions are always announced via press release at 1.45pm CET on the day of the meeting, followed by an ECB press conference at 2.30pm CET.