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Central bank communication as an instrument of monetary policy Lecture at the Centre for European Economic Research
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Current challenges in an uncertain world Speech to mark the inauguration of the Bundesbank’s new Representative in Mumbai
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German Quality Report for balance of payments and international investment position – MIP Level 3
108 KB, PDF
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A spirit of optimism in Europe – guidelines for crisis-proofing the euro area XIII Ludwig Erhard Lecture
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Pressekonferenz am 27. Oktober 2022 – Erklärung zur Geldpolitik
128 KB, PDF
Der EZB-Rat hat heute beschlossen, die drei Leitzinssätze der EZB um jeweils 75 Basispunkte anzuheben. Mit dieser dritten großen Leitzinserhöhung in Folge haben wir erhebliche Fortschritte bei der Rücknahme der geldpolitischen Akkommodierung erzielt. Wir haben den heutigen Beschluss gefasst – und gehen davon aus, dass wir die Zinsen weiter anheben werden –, um eine zeitnahe Rückkehr der Inflation auf das mittelfristige 2 %-Ziel zu gewährleisten. Wir werden den künftigen Leitzinspfad an der Entwicklung der Inflations- und Wirtschaftsaussichten ausrichten. Dabei folgen wir dem Ansatz, Zinsschritte von Sitzung zu Sitzung festzulegen.
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Experience and Evidence Speech at the graduation ceremony for Master’s students of the Faculty of Economics and Business Administration at the Goethe University Frankfurt
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Services offered at the branches of the Deutsche Bundesbank to the general public
118 KB, PDF
This document contains information about which services are offered in our branches.
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German balance of payments in September 2020
Germany’s current account recorded a surplus of €26.3 billion in September 2020, up €9.7 billion from the previous month’s level.
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German balance of payments in November 2020
Germany’s current account recorded a surplus of €21.3 billion in November 2020, down €1.6 billion from the previous month’s level. This was primarily attributable to a decrease in the goods account surplus. By contrast, the surplus in invisible current transactions, which comprise services as well as primary and secondary income, expanded only slightly.