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ECB keeps rates unchanged
05.02.2026 DE
The Governing Council today decided to keep the three key ECB interest rates unchanged. Its updated assessment reconfirms that inflation should stabilise at its 2 % target in the medium term.
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Navigating climate risks in Southern Africa: The role of Central Banks Speech held at the SARB Conference on Navigating Climate Risks in Southern Africa
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100 Years Balance of Payments in Germany A review from 1924 to 2024
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A sovereign Europe is also important for our finances Guest contribution in the Frankfurter Allgemeine Zeitung
The world order is shifting with unprecedented force – and not just since this year’s World Economic Forum in Davos. For the European Union, which has developed a number of military, digital and economic dependencies, there is a great deal at stake.
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Two-year extension of the EU-funded programme of the European System of Central Banks (ESCB) to contribute to macroeconomic and financial stability in Africa Joint press release with the European Commission and the Deutsche Bundesbank
The Monetary Authority of Singapore (MAS) and the Deutsche Bundesbank today signed a Memorandum of Understanding (MoU) regarding collaboration on cross-border digital asset settlement.
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Introductory statement “Financial stability in uncertain times: the Bundesbank’s Financial Stability Review 2025”
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Two-year extension of the EU-funded programme of the European System of Central Banks (ESCB) to contribute to macroeconomic and financial stability in Africa Joint press release with the European Commission and the Deutsche Bundesbank
The Monetary Authority of Singapore (MAS) and the Deutsche Bundesbank today signed a Memorandum of Understanding (MoU) regarding collaboration on cross-border digital asset settlement.
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Effective exchange rates of the euro
The nominal effective exchange rates of the euro condense bilateral exchange rates against multiple countries into a single index. As an aggregate, they capture changes in euro exchange rates against various groups of currencies of key trading partners.
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German balance of payments in November 2025
Germany’s current account recorded a surplus of €15.1 billion in November 2025, up €0.3 billion on the previous month’s level. Although the surplus in the goods account decreased, the swing to a surplus in invisible current transactions, which comprise services as well as primary and secondary income, was slightly stronger.
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Nagel at the 2025 European Banking Congress: Making Europe more productive
21.11.2025 DE
At this year’s European Banking Congress in Frankfurt am Main, Bundesbank President Joachim Nagel issued an emphatic plea for reforms for Europe’s future. Against the backdrop of mounting geopolitical tensions, a challenging global trade environment and demographic change, Mr Nagel urged for a clear European strategy to safeguard productivity and welfare over the long term.
