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Bundesbank
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- 1Bundesbank Chief Says German Economy Could Grow 1% This Year▼German Economy Might Grow 1% This Year, Bundesbank Chief Says
The president of Germany's central bank has said the German economy might expand by around 1% this year. The forecast offers a modestly more hopeful outlook for Europe's largest economy, which has struggled with stagnation in recent years. Analysts and markets are watching closely for signs that a recovery is taking hold, and any revision of growth expectations from the Bundesbank carries weight across the eurozone.
- 2ECB focusing on inflation, not bond spreads, Nagel says▼ECB focuses on inflation, not bond spreads, Nagel says
Bundesbank President Joachim Nagel said the European Central Bank's policy decisions are guided by inflation, not movements in eurozone government bond spreads. His remarks address market debate over whether rising yield gaps between member states could force the ECB to intervene. Commentators are weighing what the stance means for heavily indebted countries and the future of the ECB's anti-fragmentation tools.
- 3Villeroy de Galhau to receive OMFIF Achievement Award▼OMFIF Achievement Award for François Villeroy de Galhau and fireside chat with Joachim Nagel
François Villeroy de Galhau, Governor of the Banque de France, is set to receive the OMFIF Achievement Award, followed by a fireside chat with Joachim Nagel, President of the Deutsche Bundesbank. The event, hosted by the Official Monetary and Financial Institutions Forum, brings together two of Europe's leading central bankers to discuss monetary policy and the future of the euro area economy.