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Weidmann: Monetary policy should not have distributive aims

03.05.2021

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.

Weidmann: Monetary policy should not have distributive aims
Virtual Conference "Future of Payments"
Monthly Report: digital money a source of both opportunities and risks

21.04.2021

What are the requirements that a digital euro needs to meet? This is a question explored in the latest edition of the Bundesbank’s Monthly Report. After outlining the opportunities and risks presented by digital money, the Bank’s experts conclude that any solutions will need to be well-designed, secure and convenient.

Monthly Report: digital money a source of both opportunities and risks
Digital euro
Firms do not expect inflation rate to rise

28.04.2021

Shortly before the second lockdown in October 2020, firms in Germany expected an inflation rate of 1.5 percent over the next 12 months. For the past 12 months, they likewise estimated an inflation rate of 1.5 percent, a Bundesbank survey shows. “This suggests that enterprises’ inflation expectations were firmly anchored, despite the economic slump,” the Bundesbank writes in its most recent Monthly Report. 

Firms do not expect inflation rate to rise
Discussion scene with notebook and tablet
Pandemic weighing on many enterprises’ production and business activity

19.04.2021

Many German enterprises have seen their production and business activity decline amid the coronavirus pandemic. There are major differences between the individual sectors, however, as a representative survey of more than 30,000 firms in Germany reveals. The Bundesbank has published the results of the four survey waves held in 2020 and 2021 in its latest Monthly Report.

Pandemic weighing on many enterprises’ production and business activity
Empty chairs in a restaurant
Sabine Mauderer
Europe needs to embrace a fresh investment culture
Speech by Jens Weidmann
Weidmann: Financing terms should evolve in line with economic recovery
Trigger solutation
DLT-based securities settlement in central bank money successfully tested
Bundesbank Executive Board member Burkhard Balz during the virtual symposium
Reliable memory: Historical Archives celebrate 50th anniversary
Startbild zum Video des Geldmuseums zum Thema Vögel und Geldpolitik
Say hello to some feathered friends
Bundesbank President Jens Weidmann and Executive Board member Johannes Beermann are presenting the Bundesbank’s Annual Report 2018
Bundesbank without profit in 2020
Image of the video on the Household Inflation Expectation Survey
What are households expecting?
Euro reference rate of the ECB to the US dollar
Interest rates
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