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Bundesbank projections: German economy recovering only arduously – Nagel: “No all-clear signal yet for inflation”
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2022 – Thuringia
As part of the “Federal States” series, the German government has decided to mint a €2 commemorative coin “Thuringia” (featuring Wartburg castle).
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Dr. Andreas Martin – Starke Stimme der genossenschaftlichen Banken Rede anlässlich der Verabschiedung von Dr. Andreas Martin, Vorstandsmitglied des Bundesverbandes der Deutschen Volksbanken und Raiffeisenbanken (BVR)
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Inflation expectations and reality: implications for the last mile of disinflation Bundesbank Invited Speakers Series
Households’ expectations for inflation often deviate from the officially recorded inflation rates. As part of the Bundesbank Invited Speakers Series, Michael Weber, Associate Professor of Finance at the University of Chicago Booth School of Business, expressed his view that the public’s perceptions are chiefly shaped by their shopping experiences or their family and friends rather than by classic media. He went on to discuss with Bundesbank President Joachim Nagel what this means for central bank communication and monetary policy. The panel was moderated by Falko Fecht, Head of the Bundesbank’s Research Centre.
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Beschlüsse des EZB-Rats (ohne Zinsbeschlüsse) Juni 2023
126 KB, PDF
Am 1. Juni 2023 nahm der EZB-Rat den TARGET-Jahresbericht 2022 zur Kenntnis. Der Bericht enthält Informationen zum Zahlungsverkehr in TARGET2 (T2) und zur Leistung des Systems sowie zu den wichtigsten Entwicklungen im Jahr 2022.
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German balance of payments in April 2023
In April 2023, Germany’s current account recorded a surplus of €21.8 billion, down €8.7 billion on the previous month’s level. This was mainly attributable to a smaller goods account surplus. The surplus in invisible current transactions, which comprise services as well as primary and secondary income, remained practically unchanged.
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Bundesbank symposium: Cash still has a valid role to play
16.06.2023 DE
Bundesbank President Joachim Nagel is expecting to see a further decline in the use of banknotes and coins. Even so, cash is
deeply embedded in our everyday lives
because of its unique characteristics, he said in a video message at the Bundesbank’s cash symposium in Berlin. Bundesbank Executive Board member Burkhard Balz stressed that cash still has a valid role to play even as payments become increasingly electronic. -
EZB-Rat erhöht Leitzinsen um 25 Basispunkte
15.06.2023 No English translation available
Die Inflation hat sich verringert, sie wird den Projektionen zufolge jedoch zu lange zu hoch bleiben. Der EZB-Rat ist entschlossen, für eine zeitnahe Rückkehr der Inflation zum mittelfristigen Ziel von 2 Prozent zu sorgen. Der EZB-Rat hat daher heute beschlossen, die drei Leitzinssätze der EZB um jeweils 25 Basispunkte anzuheben.
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2013 – 50th anniversary of the signing of the Élysée Treaty