Bundesbank
- proper noun
- Maastricht makes price stability the primary objective of European monetary policy, paralleling the charter of Germany's Bundesbank.
- Bundesbank policy
- Bundesbank interest rate
- Bundesbank President
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Watch on YouTubeWhat's more, the statutory role of the Bundesbank was to keep the Deutsche mark sound.
- What's more, the statutory role of the Bundesbank was to keep the Deutsche mark sound.
- The European Central Bank and Deutsche Bundesbank have been regularly referring back to the times of fighting deflation with printing money.
Examples
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The Bundesbank plays a crucial role in managing Germany's currency and financial stability.
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When the Bundesbank's Central Bank Council met on 16 July, it faced a tricky call.
Academic text (2003) -
"We know this plan and we reject it," a Bundesbank spokesman said.
Blog text (23) -
Italians dream that the European central bank will make their life easier than the Bundesbank does now.
Academic text (1996) -
The German government borrowed to finance the economic transformation in the former East Germany, forcing the Bundesbank to raise interest rates.
Academic text (1998) -
There is a huge and serious division between Mr. Draghi and the head of the Bundesbank.
Blog text (13) -
Once the European Monetary Union is realized, the Bundesbank will become the dominant central bank on the continent.
Academic text (1990) -
What's more, the statutory role of the Bundesbank was to keep the Deutsche mark sound.
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The German government long ago directed the Bundesbank to achieve price-level stability above all other objectives.
Academic text (1993) -
For an institution known in the past for lambasting governments' deficit spending, the Bundesbank has been remarkably quiescent recently.
Blog text (27)
Synonyms
A national bank that controls a country's money and interest rates and holds money for the government and other banks
Surface Forms
Etymology
Bundesbank comes from German parts: Bundes meaning 'federal' and bank meaning 'bank' or 'a place for money'. So the Bundesbank is the 'federal bank', which is why it is Germany's central bank that manages the country's money and currency.