Here you can view aerial and close-up footage of the temporary headquarters of the Bundesbank’s Central Office in Frankfurt am Main. Media outlets can request video footage (in HD resolution) via the Bundesbank’s Press Office.

For the Bundesbank, it is of high importance to identify changes in expectations in society at large at an early stage and to take them into consideration as soon as possible in monetary policy decision processes. Thus, the Bundesbank is analysing households’ expectations about future economic developments in Germany in a multi-year study, measured, amongst other things, in terms of the expected development of the inflation rate and property prices.

Annual Report: Bundesbank resorts to risk provisioning for 2022.

The monetary policy turnaround shaped the Bundesbank’s balance sheet last year. The profit and loss account for 2022 reported a distributable profit of zero. This result was achieved by tapping €1 billion worth of risk provisions. As in the previous years, no profit was transferred to the Federal budget. “The Bundesbank sustained exceptional financial burdens in 2022,” Bundesbank President Joachim Nagel explained with regard to the annual accounts.

In 2022, the Bundesbank registered approximately 44,100 counterfeit euro banknotes with a nominal value of €2.7 million in German payments. The number of counterfeits was thus up by 5.2% on the year.

Bundesbank Vice-President Claudia Buch and Bundesbank Executive Board member Joachim Wuermeling will be presenting the Bundesbank’s Financial Stability Review at 11:00 on 24 November 2022. The press conference will be streamed live on the internet. Further information can be found here.

Academic staff of the University of Applied Sciences of the Deutsche Bundesbank

The Bundesbank and Banque de France Spring Conference on monetary policy and the expectations of households and firms toke place on 23 and 24 June. The event was centred around speeches by French central bank governor François Villeroy de Galhau and Bundesbank President Joachim Nagel. 

The Bundesbank assumes that the economy will grow by 1.9% this year. “The economic recovery is therefore likely to continue, but at a much more subdued pace than projected last December,” according to the current edition of the experts’ semi-annual projection. The annual average inflation rate for 2022 is set to rise to 7.1%.