Bundesbank

The head of Germany’s central bank has warned inflation is a “very greedy beast” and it would be a “first-order error” to stop raising interest rates even if it keeps falling in the coming months.Joachim Nagel, president of the…

Article content (Bloomberg) — Bundesbank President Joachim Nagel said it’s too soon to sound the “all-clear” on inflation even as the German central bank lowered its outlook for inflation through 2025.  Article content Consumer-price…

© Reuters. Joachim Nagel, President of Germany's federal reserve Bundesbank addresses the media during the bank's annual news conference in Frankfurt, Germany March 1, 2023. REUTERS/Kai Pfaffenbach FRANKFURT (Reuters) - Germany's…

The Bundesbank has suffered a €1bn hit from its substantial bond holdings and warned future losses would wipe out its remaining financial buffers as the German central bank grapples with the impact of higher interest rates. Joachim…

The European Central Bank should be cautious about deploying tools to contain the borrowing costs of weaker nations, Bundesbank president Joachim Nagel said. In his first remarks on the matter since the ECB accelerated work on a crisis…

The head of Germany’s Bundesbank has warned it will be “virtually impossible” to decide if a divergence of borrowing costs between eurozone countries is justified, arguing it would be “fatal” for governments to rely on the European…

Germany’s new government has tapped Joachim Nagel, a career central banker and supporter of the country’s conservative monetary policy, to take over as head of the eurozone’s largest central bank, the Bundesbank, at a time of growing…

FRANKFURT—A longtime Bundesbank official with a record as an inflation hawk has been appointed as Germany’s new central-bank governor, just as the European Central Bank moves away from its ultra-easy-money policies amid a surge in eurozone…

Joachim Nagel, a top executive at the Bank for International Settlements, has moved into pole position to head Germany’s central bank in one of the first major appointments by the country’s incoming coalition government, according to…