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Joachim Nagel

President, Deutsche Bundesbank

Search every verified Joachim Nagel interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Joachim Nagel, President of the Deutsche Bundesbank, addressed the IMF-World Bank annual meetings in Bangkok on October 15, 2026, stating that Germany will remain a "pillar of stability" in Europe despite bond market turmoil. He attributed the market volatility to higher inflation, resilient growth, and rising capital demand from AI companies, while ruling out the risk of a major financial crisis. Nagel also confirmed Germany's pledge of €50 million for repairs at Ukraine’s Chernobyl site, noting the contribution is in parliament and will be finalized in November. At an OMFIF event on September 30, 2026, Nagel participated in a fireside chat following an award presentation for François Villeroy de Galhau. During the discussion, he expressed optimism about Europe's future and said he hoped Brexit would eventually be reversed, while also voicing concern about the rise of far-right parties in Germany, describing elements of their programs as "economic self-defeat." In an interview on September 11, 2026, Nagel discussed the ECB's interest rate decision, saying the move reflected a strong commitment to bringing inflation back to the 2% target. He noted that energy price developments, including oil near $110 and gas prices heading into winter, would inform his assessment at the next meeting, and he credited recent German reforms with contributing to growth, estimating they accounted for 23% of observed growth rates in the first half of the year.

Recent appearances

Notable quotes

“I was asked by a journalist when we had our external meeting this year in Berlin about the rise of the right-wing far right-wing parties in Germany. And I said it twice. I repeated myself on this that I'm really concerned about the rise of the far right-wing parties. As a central banker, I have to say some of what I see and what I can find in the party program of these far right-wing parties is that this is nothing e”

“I think you Europe that London here the most important financial place that we have here in Europe is invited to join us. And I listened to the speech the new prime minister gave a couple of days ago to me like the speech of very inspiring speech gave me a lot of optimism. I will not speculate if we once see let me say the movement back to Europe and the Brexit is over. I hope that point will come. I will never forge”

“I think we already see the impact of these reforms. I think these growth rates in the first half year are already a reflection of what the government did. So in our calculation 23 of what we see on the growth rates is coming from this new reforms, there is definitely such a good impact that is coming from these reforms. But as I said, we have to work more on this not just on the German level also on the European leve”

“I guess the development what I see there is not comparable with the development we had after the Russian war against Ukraine in 2022. So now we are much better off. We have LNG terminals. So but we are getting into the cold season. This is what comes and so the energy price development is something we have to look at it. And I will not say that I'm concerned but we should be cautious in a way and reflect what's going”

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