Bundesbank President Jens Weidmann says financing conditions play a crucial role on the road to price stability, but there’s more to it than just glancing at the indicators. If those indicators flag changes, he states, the job of central banks is to analyse exactly how those changes came about. “I believe that financing terms should be able to evolve in line with the economic recovery in the euro area. It’s not a matter of using monetary policy to cement a particular interest rate level,” Mr Weidmann said in a speech delivered virtually in Frankfurt.

Every four years, the Executive Board of the Bundesbank adopts a new strategy. Here you will find the principles of Strategy 2024 as well as the Bank's mission statement, which serves as a long-term orientation framework and forms the basis for the medium-term strategy.