The purpose of this publication by the Deutsche Bundesbank is to provide information about the Countercyclical Capital Buffer (CCB), a new tool for macroprudential regulation.

The Bundesbank’s April 2021 Monthly Report outlines the impact of monetary policy depending on the debt situation of the non-financial private sector and presents evidence for the euro area. It also examines firms’ assessments and expectations during the pandemic based on findings from the Bundesbank Online Panel Firms. A further article discusses the payment options opened up by digital money. 

The July 2020 Monthly Report looks at the German current account surplus through the lens of macroeconomic models and examines the extent to which German households store cash, as well as their reasons for doing so.