Current Monthly Reports
Here you will find the latest monthly reports of the Deutsche Bundesbank. They handle with economic topics, including in particular monetary policy as well as financial and economic policy issues.
Since the January 2024 issue, selected articles from the Monthly Report have been published before the respective complete issue.
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Monthly Report – June 2025 Vol. 77 No 6
The June 2025 edition of the Monthly Report contains the Bundesbank’s current Forecast for Germany, which provides an outlook for how the German economy is likely to develop in the near future in view of US tariff policy and the new Federal Government’s fiscal package. A second article looks at the review of the Eurosystem’s operational framework for implementing monetary policy. Another article considers the question of when insurees retire and how pension reductions and increases could be determined depending on the timing of retirement.
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Monthly Report – May 2025 Vol. 77 No 5
The May 2025 edition of the Monthly Report comments on the economic situation in Germany in spring 2025.
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Monthly Report – April 2025 Vol. 77 No 4
The April 2025 Monthly Report presents the results of the 2023 household wealth survey. Another article in the report provides an up-to-date overview of the role cash plays in German society. The report also covers the debt situation in the private non-financial sector of the euro area since the start of monetary policy tightening.
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Monthly Report – March 2025 Vol. 77 No 3
The March 2025 Monthly Report contains a proposal to reform the debt brake and investigates access to cash in Germany. In addition to these topics, one article discusses the analysis of monetary policy communications using artificial intelligence. Another article examines the role of central securities depositories in Europe given their importance to the capital markets union. The Monthly Report also takes a look at Germany’s balance of payments in 2024.
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Monthly Report – February 2025 Vol. 77 No 2
The February 2025 monthly report explains the economic situation in Germany at the turn of 2024/25.
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Monthly Report – January 2025 Vol. 77 No 1
The January 2025 Monthly Report analyses the connection between risk appetite in financial markets and monetary policy in the euro area.
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