Deutsche Bundesbank
Simple rate rules deemed most effective
Simple interest rate rules which include a response to money growth outperform both Taylor-type rules and speed limit policies once real-time output gap uncertainty is accounted for, research published by the Bundesbank finds.
Monetary policy must put inflation first: Weber
Monetary policy's primary role is to guarantee price stability, said Axel Weber, the president of the Bundesbank.
Scale of subprime unknowable until 2008: Weber
Axel Weber, the president of the Bundesbank, said on Tuesday that the extent of the subprime crisis will remain unknown until at least the end of 2007.
Sales remain within Gold Agreement Limit
Gold sales by the 16 signatories to the Central Bank Gold Agreement between 27 September 2006 and 26 September 2007 amounted to 475.75 tonnes, 24.25 tonnes shy of the 500 limit, the Bank for International Settlements said on Wednesday.
CSDs sceptical of ECB's settlement plans
Clearstream and Euroclear, Europe's two largest central securities depositories, were sceptical that the European Central Bank's (ECB) plans to build a single settlement platform will deliver the benefits the central bankers promise, Central Bank News…
Merkel defends ECB's independence
German Chancellor Angela Merkel implicitly criticised fellow head of government Nicolas Sarkozy of France when she said at an event to celebrate 50th anniversary of the Bundesbank that her government will block any attempts to exert political influence…
Bank-run claims "partially misleading": Bundesbank
The Bundesbank has said newspaper claims that Axel Weber, the president of the central bank, compared the current market turmoil to a classic bank run were "partially misleading".
Bundesbank posts upbeat forecast
The Bundesbank has said that German economy has continued to grow, following a strong first quarter.
Slovenia's Kranjec: subprime may hurt EU
Marko Kranjec, the governor of the Bank of Slovenia, has said the US subprime mortgage crisis could affect eurozone consumer demand. His comments appear to contradict those of other members of the European Central Bank's (ECB) governing board.
Happy birthday Buba!
Germany's central bank celebrates its 50th birthday today, with a commemorative €10 coin to be issued next week and a series of events is planned.
Trichet: no complacency on sub-prime markets
In an interview Jean-Claude Trichet, president of the European Central Bank, said he remained cautious of the crisis of the sub-prime market in the United States.
Deutsche Bundesbank - annual report 2006
Germany's central bank marks its half century by looking back at the performance of the economy in 2006 and notes the new projects, such as T2S, the Bundesbank is working on.
"Ominous" fall in German's business confidence
Confidence among Germany's businesses fell in June, but opinions were split as to what this meant for the outlook for the economy.
ECB's Weber acknowledges risks to price stability
Risks to price stability will continue while the average inflation rate in 2007 and 2008 are above the European Central Bank's inflation guidelines, Axel Weber a member of the central bank's governing council said in an interview over the weekend.
Germany's Weber: academics good central bankers
In a speech made on 29 May in Paris, Alex Weber, president of the Bundesbank, said that sending academics to politics clearly solves a problem inherent in academic policy advice: "getting the message across to do the right thing".
Germany defends ECB focus on money growth
Germany's Bundesbank has come out in stout defence of the European Central Bank, arguing that money supply figures - used by the ECB in making interest rate decisions - are helpful in identifying property market distortions.
Deutsche Bundesbank Monthly Report, April 2007
The Deutsche Bundesbank published the English version of its April 2007 Monthly Report on Wednesday 16 May. The report said German GDP growth in the first quarter is expected to have slowed compared with the fourth quarter last year.
Deutsche Bundesbank Monthly Report, March 2007
The Deutsche Bundesbank published the English version of its March 2007 Monthly Report on Friday 20 April. The report said the German economy continued to grow at a robust pace in the fourth quarter of 2006.
ECB's Weber says pressure on prices remains
European Central Bank governing council member Axel Weber told Handelsblatt newspaper in an interview published Friday 20 April that the ECB can't yet identify an end-point to its current cycle of interest rate increases.
Buba's Meister on European financial supervision
In the speech 'European Financial Supervision: next steps' given on 29 March Edgar Meister of the Deutsche Bundesbank said each crisis is different and therefore calls for flexibility in action.
Weber says HICP should include home ownership
The eurozone should revise its measure of inflation to include home ownership costs, according to Axel Weber, the president of the Deutsche Bundesbank and a member of the governing council of the European Central Bank, reported Boersen-Zeitung on…
Deutsche Bundesbank Monthly Report, February 2007
The Deutsche Bundesbank published the English version of its February 2007 Monthly Report on Tuesday 27 March. The report said German economic growth may soon pick up steam again after a slight and temporary disruption caused by government fiscal…
Markets not pricing risk well says ECB's Weber
Global financial markets may not be adequately pricing risk even after their recent sharp corrections, European Central Bank governing council member Axel Weber said on Thursday 15 March.
Buba's Weber not saying ECB rates are appropriate
Bundesbank president Axel Weber said Tuesday 13 March he would not describe current euro zone interest rates as "appropriate".