Presentation of the Deutsche Bundesbank's Annual Report 2022
1 March 2023 · Joachim Nagel , President of the Deutsche Bundesbank (Germany)
Summary written by Dark Majestic in its own words · topics: monetary policy and interest rates , inflation and price stability
JN 1 Mar 2023 · Joachim Nagel Wiki · Deutsche Bundesbank Wiki Presentation of the Deutsche Bundesbank's Annual Report 2022 Context Introductory statement by Joachim Nagel, President of the Deutsche Bundesbank, at the press conference presenting the Annual Report 2022, Frankfurt am Main, 1 March 2023.
Why it matters Nagel warns that inflation will not fall on its own and that the Bundesbank faces losses.
Problems raised Inflation will not return to 2% on its own. The Bundesbank faces losses from higher rates. The economic outlook remains uncertain. Solutions proposed Take decisive monetary policy steps. Continue raising rates as needed. Use provisions to absorb balance sheet losses. Read full speech on bis.org ↗ More from Joachim Nagel · Deutsche Bundesbank · all speeches
More speeches by Joachim Nagel Other leaders on monetary policy and interest rates
Dark Majestic is independent and is not affiliated with any of the institutions or people listed. Summaries are our own reading of public speeches; they are not official texts and not investment advice. Each speech opens on the official website of the institution that published it; no speech text is reproduced here.
Methodology · All speeches · Legal notice
© 2026 Dark Majestic
