Deutsche Bundesbank
Headquartered in Frankfurt, the Deutsche Bundesbank is the central bank of Germany that has a group of nine regional offices throughout the country. Like most central banks worldwide, the Bundesbank oversees the nation's banking system and monetary policy. It is considered to be the most important and stable central bank in the European Union due to Germany's reputation for diligent fiscal and monetary measures. Bundesbank is the equivalent of the U.S. Federal Reserve.
Credited for doing many things correctly as a central bank
- Unlike it's predecessor, the Reichsbank, the Bundersbank was accountable to the German Parliament
- Parliament told it to deliver low inflation + good economic growth