The Bundesbank was holding a press conference on 14 November 2018 in Frankfurt am Main with Vice-President Claudia Buch and Executive Board member Joachim Wuermeling. This press conference concerned the publication of the Bundesbank’s latest Financial Stability Review.

What role do central banks play in combatting climate change? This question was at the focus of a two-day academic conference hosted by the Central Banks and Supervisors Network for Greening the Financial System and the Council on Economic Policies at the Bundesbank in Berlin.

The G7 finance ministers and central bank governors have adopted fundamental elements for third party risk management and for penetration testing to further promote cybersecurity in the financial sector.

Exchange-traded funds (ETFs) are becoming increasingly important as a cost-effective option for investors, albeit one which comes with its own specific risks attached, as the Bundesbank explains. According to the current issue of the Monthly Report, the risks for the financial system as a whole stemming from ETFs are currently limited, however. 

Although the economic upswing in Germany is essentially still intact, it may have come to a temporary halt in the third quarter of 2018. According to the Bundesbank’s latest Monthly Report, this was mainly due to a substantial fall in production by car manufacturers.

Bundesbank President Jens Weidmann has spoken out in favour of strengthening the forces of growth and boosting productivity in Europe. However, it is up to economic policymakers to make this happen, he said during a speech in Berlin.

How can I spot counterfeit money? How did Germany’s gold reserves come into being? Interesting expert lectures, contests with wonderful prizes on offer and activities for children: the Bundesbank’s stand at the Frankfurt Book Fair had much to offer to visitors.

Bundesbank President Jens Weidmann does not believe that the uncertainty generated by trade disputes has thus far had any lasting impact on the global economy. Speaking on the sidelines of the Annual Meetings of the International Monetary Fund in Bali, he said that the slight slowdown in growth, especially that observed in European countries, is probably due to the normalisation of expansion rather than a consequence of the trade conflict.

The international Central Banks and Supervisors Network for Greening the Financial System (NGFS) has published its first progress report to coincide with the Annual Meetings of the International Monetary Fund and the World Bank.

The Bundesbank's TARGET2 balance has again increased considerably since the beginning of 2015 and currently amounts to around €950 billion. This development is first and foremost linked to the extensive asset purchases by the Eurosystem central banks