Bundesbank Act

The Bundesbank Act is the law that established Germany's central bank, called the Bundesbank. It defines the bank’s main responsibilities, such as managing the country's monetary policy, ensuring price stability, and maintaining the stability of the financial system. The Act also outlines the Bundesbank’s independence from political influence, its organizational structure, and its interactions with other national and international financial institutions. Essentially, the Bundesbank Act provides the legal framework that guides the bank’s operations to support Germany’s economic stability and integrate with the broader European financial system.