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Bundesbank President Dr Jens Weidmann on German GDP in the first quarter of 2011
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Bundesbank projections: Upswing slightly delayed Inflation rate set to remain high at first, before gradually decreasing towards 2%
The German economy will experience a setback in the final quarter of 2021 and the first quarter of 2022 on account of the pandemic, but is set to pick up significant momentum again in spring of next year. “
The upswing has been slightly delayed
,” said Bundesbank President Jens Weidmann at the presentation of his institution’s current projections. According to these projections, gross domestic product will increase by 2.5% this year – less strongly than anticipated back in June – in light of the dip in growth. Over the next two years, calendar adjusted economic growth will then rebound to 4.2% and 3.2%, respectively. -
ECB President Lagarde visits the Bundesbank
20.02.2020 DE FR
Bundesbank President Jens Weidmann received ECB President Christine Lagarde at the Bundesbank. Mr Weidmann showed Ms Lagarde the Money Museum and the TARGET2 room.
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Weidmann: End emergency purchase programme once emergency situation has been overcome
01.07.2021 DE
In a speech at the Frankfurt Euro Finance Summit, Bundesbank President Jens Weidmann underscored the fact that the pandemic emergency purchase programme (PEPP) is tied to the pandemic, and that it must come to an end once the emergency situation has been overcome.
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"Monetary policy has ventured deep into uncharted territory"
24.03.2016 DE FR
Bundesbank President Jens Weidmann takes a critical view of the ECB Governing Council's latest monetary policy easing.
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Bundesbank posts €4.6 billion profit in 2013
The Bundesbank posted a profit of €4.6 billion for the 2013 financial year, after recording a surplus of €664 million in 2012. This amount was transferred in full today to the Federal Government of Germany pursuant to section 27 number 2 of the Bundesbank Act (Bundesbankgesetz).
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Weidmann: Enhance transparency of climate-related financial risks
07.06.2021 DE
Bundesbank President Jens Weidmann says that climate-related financial disclosures should be mandatory. “The Eurosystem has a legitimate interest in making climate-related risks more transparent,” he said in a speech at the Green Swan 2021 Global Virtual Conference.
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G7 discusses ways to achieve a more dynamic world economy
29.05.2015 DE FR
The finance ministers and central bank governors of the seven leading industrial economies (G7) have met in Dresden to discuss ways to achieve a more dynamic world economy and a stable financial system. Bundesbank President Jens Weidmann stressed the major importance of innovation, investment and structural reforms in this context.
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Weidmann: New strategy will help monetary policy maintain price stability
09.07.2021 DE
Bundesbank President Jens Weidmann believes the new strategy will help monetary policy maintain price stability for the people of the euro area. “
A medium-term inflation rate of 2% is a clear and easily understandable objective. We are not striving for either lower or higher rates. That was important to me,
” was how Mr Weidmann assessed the outcome of the strategy review. -
Weidmann: Monetary policy should not have distributive aims
03.05.2021 DE FR
Bundesbank President Jens Weidmann believes that central banks should not employ monetary policy to pursue distributive aims. “
Not only do we lack the democratic legitimacy to do so, the vagueness of the effects also renders monetary policy ill-suited for targeted interventions to tackle distributional issues,
” he explained at an international research conference organised by the Bundesbank.