There are additional insights to be gained from going beyond established calculation variables and incorporating inflation options when analysing inflation expectations: so reads the Bundesbank’s recommendation in the June edition of its Monthly Report. Expectations regarding future inflation developments are of major importance to the credibility and effectiveness of a monetary policy with a clear focus on price stability.

The finance ministers and central bank governors of the G20 countries met in Washington to continue their discussions on core issues of the German G20 presidency. Besides global economic growth prospects, the main focus was on financial market regulation and the further development of global economic and financial governance.

Germany’s net external position stood at €1,771 billion at the end of 2017, thus amounting to around 54% of nominal gross domestic product.

Dates in the legal framework of German monetary policy 1948 - 2007