Despite the setback in the third quarter of 2018, the German economy should continue to see solid growth for the time being, in the Bundesbank’s estimation. The Bank’s recently published autumn forecast primarily attributes the slight decline in economic output in the previous quarter to temporary supply-side difficulties in the automotive industry and believes it will be overcome rapidly.

Change of office ceremony in South Africa. Our course programme for 2025 is now online; the first deadlines for application are already coming up this December. Closer cooperation with Kazakhstan, an exchange of views on central bank digital currency in Istanbul and a new team at our Representative Office in New York.

Klaus Adam (University of Oxford & Nuffield College)

The Bundesbank was holding a press conference on 14 November 2018 in Frankfurt am Main with Vice-President Claudia Buch and Executive Board member Joachim Wuermeling. This press conference concerned the publication of the Bundesbank’s latest Financial Stability Review.

Pressekonferenz zum Finanzstabilitätsbericht 2018 der Deutschen Bundesbank