Bundesbank
Categories: Forex, International, Econ
Just like we have the Federal Reserve Bank in the United States, in Germany it is called the Bundesbank. It supervises the country’s banking system and sets monetary measures, such as raising or lowering interest rates. Things got more complicated when Germany adopted the Euro, so now it is part of the entire European system of banking that sets monetary policy. The German Bundesbank is considered to be the most stable bank in the European Union. Not that you'll hear it bragging.
