Dr Joachim Wuermeling today took up office as a member of the Executive Board of the Deutsche Bundesbank. The Bundesbank's Executive Board has therefore reshuffled its areas of responsibility.

Der Monatsbericht Dezember 2017 beschreibt die Perspektiven der deutschen Wirtschaft anhand gesamtwirtschaftlicher Vorausschätzungen für die Jahre 2018 und 2019 mit einem Ausblick auf das Jahr 2020. Zudem werden die Ertragslage und Finanzierungsverhältnisse deutscher Unternehmen im Jahr 2016 ebenso analysiert wie Unternehmensmargen in ausgewählten europäischen Ländern. Ferner befasst er sich mit der Finanzmarktinfrastruktur des Eurosystems mit Blick auf die zukünftige Ausrichtung des Leistungsangebots.

The Deutsche Bundesbank mourns the passing of its former president, Hans Tietmeyer, who died on 27 December 2016 at the age of 85.

In light of the economic impact of the coronavirus pandemic, the ECB has announced new liquidity assistance measures to bolster the flow of credit to the economy. In this context, the ECB is focusing primarily on small and medium-sized enterprises. Furthermore, the ECB will acquire €120 billion worth of securities until the end of the year in addition to the bond purchases that have already been planned. The key interest rates will remain unchanged.  

The June 2018 edition of the Bundesbank’s Monthly Report outlines the prospects for the German economy on the basis of macroeconomic projections for 2018 and 2019, with a look ahead at the year 2020. In addition, the Bank’s experts discuss the advantages and drawbacks of central banks raising the inflation target.

Claudia Buch, Vice-President of the Deutsche Bundesbank, has been appointed as Chair of the Irving Fisher Committee on Central Bank Statistics (IFC). The appointment was approved by the All Governors Meeting of the Bank for International Settlements (BIS).

In their first-ever joint exhibition, the National Bank of Belgium and the Deutsche Bundesbank will put works from their respective art collections on public display. The exhibition “Building a Dialogue. Two Corporate Collections of Contemporary Art” shows works by 44 artists in total. The exhibition can be viewed in the renovated modernist counter hall of the National Bank of Belgium, located in the centre of Brussels.

Die Bundesbank hat für die Zeit der Baumaßnahmen auf dem Gelände der Zentrale in Frankfurt ein Übergangsquartier gefunden, das Frankfurter Büro Center (FBC) in der Frankfurter Innenstadt.

In der Sonderausstellung „Zeigen & Sagen“ stellen sieben Künstlerinnen und Künstler eigene Arbeiten Kunstwerken aus der Bundesbank-Sammlung gegenüber. Interessierte können die Ausstellung im Geldmuseum bis zum 24. Februar 2019 besuchen.

According to Bundesbank Executive Board member Joachim Wuermeling, the situation is stable. “The current crisis shows that we, as supervisors, have learned the right lessons from the last crisis. Many of the measures, which, in some cases, came under sharp criticism, are now proving to be worth their weight in gold,” according to Mr Wuermeling.