Definition – What does Deutsche Bundesbank mean?
Deutsche Bundesbank is Germany’s central bank. The Deutsche Bundesbank used to function like a normal central bank, but the integration into the Eurozone means that the Deutsche Bundesbank now represents Germany as part of the European System of Central Banks (ESCB). Deutsche Bundesbank translates to German Federal Bank.
ForexTerms explains Deutsche Bundesbank
Deutsche Bundesbank is the strongest member of the ESCB by virtue of Germany being the strongest economy in the Eurozone. This means that Germany has a lot of say when it comes to the policies and direction of the ESCB, although it is far from all-powerful. Deutsche Bundesbank continues to release some reports independently from the ESCB. These can be accessed through the Deutsche Bundesbank website.
