Bundesbank President Jens Weidmann used an interview with the German “Welt am Sonntag” newspaper to voice concern about the agreement struck by the Italian government and the European Commission over the budget dispute. “Looking ahead, the Commission and other governments will find it harder still to insist on sound government finances,” he argued.

According to Bundesbank President Jens Weidmann, central banks should beware of crowding out private payment solutions and should play a supportive role instead. Mr Weidmann pointed out that competition and regulation are essential for a good market outcome. As central banks provide the backbone of the payment system, they need to be at the cutting edge of technology, he explained. This, he emphasised to participants of a Bundesbank virtual conference, includes working on central bank digital currency.

Speaking at Deutsche Börse’s New Year’s reception in Eschborn, Bundesbank President Jens Weidmann says that monetary policy needs to be easier to understand.

Patricia Staab will assume her post as the new President of the Bundesbank’s Regional Office in Baden-Württemberg with effect from 1 October 2019. She will succeed Bernhard Sibold, who will be retiring after a 39-year career at the Bundesbank. At a handover ceremony in Stuttgart, she was congratulated by Bundesbank President Jens Weidmann, who took the opportunity to address the current decision by the Governing Council of the ECB.

Vom 17. Mai bis 15. September sind in der Kassenhalle der Belgischen Nationalbank (NBB) ausgewählte Werke aus den Kunstsammlungen der Bundesbank und der NBB zu sehen. Die Ausstellung steht unter dem Titel „Building a Dialogue“ und wurde von Bundesbankpräsident Jens Weidmann und NBB-Gouverneur Pierre Wunsch eröffnet.

Bundesbank President Jens Weidmann paid tribute to the outgoing Governor of Austria’s central bank, Ewald Nowotny. In a speech held in Vienna, Mr Weidmann said that “what the Governing Council needs is experience and independence of judgement, and that is something Ewald Nowotny has always supplied in abundance.”

Bundesbank President Jens Weidmann has described the inflation expectations of German consumers as “well anchored”. This was demonstrated by the initial findings of a pilot study conducted by the Bundesbank, which Mr Weidmann presented at a conference. François Villeroy de Galhau, Governor of the Banque de France, welcomed the new Bundesbank study, as he believed that reliable data on inflation expectations in the euro area had thus far been scarce.

Fast 300 Besucherinnen und Besucher nutzten am Sonntag die Gelegenheit, einen Blick hinter die Kulissen der deutschen Notenbank zu werfen. Sie konnten unter anderem das Büro von Bundesbankpräsident Jens Weidmann besichtigen und bei Vorträgen mehr über die Aufgaben der Bundesbank erfahren.

The Bundesbank’s Money Museum stand at the Embankment Festival in Frankfurt am Main attracted around 16,500 visitors. Bundesbank President Jens Weidmann himself visited the stand and took the opportunity to strike a souvenir coin.

Bundesbank President Jens Weidmann has spoken out in favour of strengthening the forces of growth and boosting productivity in Europe. However, it is up to economic policymakers to make this happen, he said during a speech in Berlin.