Uncertainty in the interest rate outlook
Undoubtedly, the two key questions on investors’ minds and the central theme of the financial markets for much of the year – particularly in the last month – have been when the ECB and the Fed will lower interest rates and how many times they will do so in 2024. Thus, in…
The international economy, in search of an orderly landing
The resilience shown by the international economy at the aggregate level, which is quite remarkable given the significant geopolitical uncertainty and restrictive financial conditions dominating the scenario, reflects disparate dynamics among the various international…
Spain’s economic activity remains buoyant
The Spanish economy continues to show greater buoyancy than had been expected at the start of the year, thanks above all to the momentum of the tertiary sector, especially tourism-related activities, as well as the strength of job creation. Over the coming quarters…
Key points of the month
