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Professor Joachim Nagel President of the Deutsche Bundesbank, Member of the Governing Council of the European Central Bank
Since January 2022
President of the Deutsche Bundesbank
Member of the Governing Council of the ECB -
ECB keeps rates unchanged
19.03.2026 DE
The Governing Council today decided to keep the three key ECB interest rates unchanged. It is determined to ensure that inflation stabilises at the 2 % target in the medium term. The war in the Middle East has made the outlook significantly more uncertain, creating upside risks for inflation and downside risks for economic growth.
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Current economic policy challenges in Germany and Europe Special lecture at Yonsei University
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Exploring the future of finance: Digital euro, crypto assets, and the quest for digital sovereignty Keynote speech at the OMFIF “Future of payments forum”
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Building Bridges – Dialogue in a Changing World Speech at the 11th China Day
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German balance of payments in January 2026
Germany’s current account recorded a surplus of €17.1 billion in January 2026, slightly down on the previous month’s level. Although the surplus in the goods account increased, the surplus in invisible current transactions, which comprise services as well as primary and secondary income, declined slightly more sharply.
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Holding one’s own in a changed world Speech at the “Frankfurter Impulse” event hosted by FPS Law