News list for "Bundesbank"
According to the Monetary Authority of Singapore, the Monetary Authority of Singapore (MAS) has signed a memorandum of cooperation with the German central bank (Deutsche Bundesbank) to cooperate on cross-border settlement of digital assets. According to the memorandum, the two parties will cooperate on technological and financial innovation, including: developing new settlement solutions to reduce the cost and processing time of cross-border transfers between Singapore and Germany; and promoting...
The European Central Bank's governing council and Bundesbank president said on Thursday local time that the European Central Bank must remain "cautious" and not rush to cut key interest rates. In his speech, Nagel said that the tightening of the labor market and economic growth may delay the sustained return of euro zone inflation to the central bank's 2% target. He said: "It cannot be taken for granted that prices will return to stability in time. Therefore, we need to exercise caution,...
In a speech in Rome, Bundesbank president Joachim Nagel said it was unclear what limit consumers should hold on potential digital euros. Citing research by ECB economists, Nagel pointed out that holding 3,000 digital euros per person may effectively limit the impact on bank liquidity risks, but the latest Bundesbank research shows that the optimal amount may be between 1,500 and 2,500 digital euros per person. He said that he will carefully study...
Bundesbank: German economy likely to grow in Quarter 1.
