Bundesbank President Jens Weidmann believes that financial stability must not be adopted as an additional monetary policy objective on a par with price stability. This would put the credibility of central banks at risk, he explained at a Bundesbank symposium. Monetary policy was not a suitable instrument for safeguarding financial stability. Renowned economists then discussed the interaction between monetary policy and financial stability.

From the point of view of Bundesbank President Jens Weidmann, there is no need to loosen the accommodative monetary policy any further. In remarks delivered at the third cash symposium of the Deutsche Bundesbank, he noted that, instead, the forces of growth in the euro area needed to be strengthened and that the measures already introduced should be given time to unleash their impact.

The January 2024 Monthly Report outlines the risks for Germany arising from economic integration with China. In addition, it provides an outlook on the future of cash.