Bundesbank President Jens Weidmann has outlined his position on the ECB Governing Council’s most recent monetary policy decisions, which involve cuts to the monthly volume of asset purchases but offer no guidance as to when the purchases will finally be discontinued. "From my point of view, a clear end date to net purchases would have been appropriate," he said in a speech delivered in Paris.

Henceforth, the Bundesbank will be represented in India by Peter Kern. Mr Kern takes over from Alexander Sattler who previously occupied this position at Germany's Consulate General in Mumbai.

On 26 October 2017, the ECB Governing Council made the decision to halve monthly Eurosystem asset purchases to €30 billion from January 2018, with asset purchases to continue at this pace until at least September 2018.

The Bundesbank has rolled out the initial results for Germany from the Eurosystem’s new money market statistical reporting (MMSR) dataset. In the current issue of the Monthly Report, its experts write that these statistics provide central banks with a considerably improved basis for a targeted design of the monetary policy toolkit.

The Bundesbank believes that, in the third quarter of 2017, Germany’s economy may well have maintained the brisk pace of growth seen in the first six months of the year. According to the current issue of its Monthly Report, the industrial sector, still driven by buoyant export demand, is an important factor behind the strong economic activity.

The Bundesbank presents film awards at the Frankfurt Book Fair The Deutsche Bundesbank presented awards to the winners of its video competition at the Frankfurt Book Fair. The competition focused on the question: "What does stability mean for you?"

Bundesbank President Jens Weidmann has spoken out in favour of taking advantage of the good global economic outlook to implement reforms. It is now vital to "push ahead with structural reforms that put national economies on a path of sustainable, higher growth," he said at a joint press conference with Federal Finance Minister Wolfgang Schäuble on the sidelines of the Annual Meetings of the International Monetary Fund and the World Bank in Washington, DC.

Euro area central banks "can't take any consideration of government financing burdens" when normalising monetary policy, Bundesbank President Jens Weidmann says. "If price pressures rise, then we have to tighten our monetary policy," he told the Wirtschaftswoche business periodical.

Bundesbank Executive Board member Andreas Dombret has warned financial institutions against underestimating climate risks. The financial sector is being increasingly affected by the rising costs resulting from extreme weather events, as well as by far-reaching changes in climate policy, he said in a speech in Singapore.

The upswing in the global economy is gaining momentum, believes Bundesbank Executive Board member Andreas Dombret. In the run-up to the Annual Meeting of the International Monetary Fund, he argued for taking advantage of favourable economic conditions to increase the growth potential of national economies through structural reforms.