Germany

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.

IMF report sees soft landing for world economy

The International Monetary Fund is forecasting a 'soft landing' for the world economy and 4.9-per-cent growth in 2007, German government officials said Tuesday 10 April, according to Deutsche Presse-Agentur.

Germany's Weber on financial globalisation

In the speech 'Challenges posed by (financial) globalisation' given on 15 March Axel Weber of the Deutsche Bundesbank said the search for yield in riskier assets was one of the main topics during the time of record-low interest rates in major economic…

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…

Why Germany's economy will outshine Japan

According to this article by Stephen Roach, published on Wednesday 28 February by MoneyWeek, the German economy is very much on the mend after failing to fall into a Japanese-like quagmire.

Opacity of a credible central bank and inflation

The Discussion Paper "Can opacity of a credible central bank explain excessive inflation?" from the University of Munich shows that, even in the absence of inflationary bias, a credible central bank may find it optimal to implement an accommodating…

Buba's Weber signals ECB rate hikes

Bundesbank president Axel Weber signalled Wednesday 28 February in a speech that the European Central Bank was set to further raise its key interest rates, which are already at a five-year high point.

Tumpel-Gugerell on tripartite protocol

In a speech given on 16 February Gertrude Tumpel-Gugerell of the ECB said over the next six months, the ECB and eight central banks will be working closely with the Central Bank of Bosnia and Herzegovina on a needs assessment programme funded by the…

Buba's Weber says German growth trend 'intact'

Bundesbank president Axel Weber said Saturday 10 February at the meeting of G7 finance ministers and central bank governors the underlying growth trend in Germany remains intact and that the outlook for euro zone growth remains positive.

Fischer trips to raise support for Israel to OECD

Bank of Israel governor Stanley Fischer is travelling to Germany and Japan this week to increase support for Israel's bid to join the Organization for Economic Cooperation and Development as a full member, the central bank said.

ECB seeks to preserve its independence

This article from the Associated Press, published Tuesday 6 February, looks at the debate over whether countries that use the euro should have an influence on its decision-making process.

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