Is the European Central Bank Equivalent to Federal Reserve?

Miscellaneous General
1

To they pretty much operate the same way? And produce the same results?

2

Short answer, they don’t work quite the same way, but produce pretty much the same results. Check The Tragedy of the Euro for the details of ECB’s workings, including its differences to the Fed.

3

Same author as with The Tragey of the Euro:

Here is all of his Daily articles:

But simply, ECB is much more complicated system.