Last year, the Deutsche Bundesbank successfully completed the transfer of its gold stocks from New York. "The realisation of the gold storage plan is therefore well ahead of the original schedule," said Carl-Ludwig Thiele, Member of the Bundesbank’s Executive Board, at a press conference in Frankfurt am Main.

Mit einer großen Feier wurde am Freitag, den 10. Februar 2017, in Hamburg der Amtswechsel an der Spitze der Hauptverwaltung in Hamburg, Mecklenburg-Vorpommern und Schleswig-Holstein begangen. Anfang Januar hat Arno Bäcker das Amt als Präsident der Hauptverwaltung übernommen.

Demand in the USA and other industrial nations collapsed dramatically during the financial crisis and yet this did not lead to deflation. The reasons for this have still not been fully explained. A new study examines the extent to which financial shocks have a bearing on the path of inflation.