immobilienmanager Magazine spoke with Professor Johannes Beermann, Member of the Executive Board of the Deutsche Bundesbank, about architecture, renovation, and sustainability during the refurbishment of the Bank’s main building in Frankfurt am Main.

Bundesbank President Jens Weidmann has once again called for monetary policy in the euro area to be normalised when the inflation outlook calls for it. In an interview with the German Sunday newspaper Welt am Sonntag, he said he wouldn’t rule out higher inflation rates either. “In any event, I will strongly recommend keeping a close eye on the risk of an inflation rate that is too high and not only on the risk of one that is too low,” he commented.

Bundesbank President Jens Weidmann has warned against government intervention in the market economy becoming the norm after the coronavirus pandemic,  although it was important for the government to intervene strongly in the crisis. “But this must not become a normal state of affairs. I do not believe that governments know best when it comes to running a business,” he said in an interview with the “Augsburger Allgemeine” newspaper.

The Bundesbank celebrates its 55th birthday on 1 August and continues to stand for an exceptionally strong orientation to stability. We discussed the highs and lows of this era with Bundesbank President Jens Weidmann and former Bundesbank President Helmut Schlesinger, who has been following the Bank’s fortunes since its beginning. The interview was conducted on 29 June 2012, shortly after the Brussels EU summit had cleared the way for a European banking union.