Macrofinance
What factors will determine the evolution of interest rates, investment sentiment and macro-financial conditions in general?
![Gráfico y periódico. Photo by Markus Spiske on Unsplash](/sites/default/files/styles/cabecera_collections/public/content/image/2024/03/21/34529/condiciones-macrofinancieras-markus-spiske-xrify_4ck1w-unsplash.jpg?itok=7pn5fi3K)
![Cubo Rubik. Photo by Justus Menke on Unsplash](/sites/default/files/styles/teaser/public/content/image/2023/01/05/34529/equilibrio-justus-menke-YGBYROFge3c-unsplash.jpg?itok=RNtvsPBz)
On the uncertainty of the neutral interest rate
16 Jan 2023
![Trigo. Photo by Avinash Kumar on Unsplash](/sites/default/files/styles/teaser/public/content/image/2022/12/15/34529/materias-primas-trigo-avinash-kumar-OvUAL6Vx3uY-unsplash.jpg?itok=-eyvk_Kk)
The impact of higher agricultural commodity prices on emerging and low-income countries
22 Dec 2022
![Código. Photo by Markus Spiske on Unsplash](/sites/default/files/styles/teaser/public/content/image/2022/12/15/34529/bigdata-codigo-digitalizacion-markus-spiske-iar-afB0QQw-unsplash.jpg?itok=Xgc8e3zM)
The big data dependence of the markets and monetary policy
20 Dec 2022
![IM11-2022 Perspectivas 2023](/sites/default/files/styles/teaser/public/content/image/2022/11/14/34529/IM%2011%20Groc.jpg?itok=fNyrNsfb)
Is there light at the end of the tunnel? The outlook for monetary policy in 2023
16 Nov 2022
![Moneda de una libra esterlina. Photo by Steve Smith on Unsplash](/sites/default/files/styles/teaser/public/content/image/2022/11/14/34529/one-pound-uk-reino-unido-steve-smith-Zvvu4zRKijE-unsplash.jpg?itok=DDlf4ByQ)
Stormy waters in the UK, a warning to seafarers
14 Nov 2022
![Billetes de dólar. Foto de Igal Ness en Unsplash](/sites/default/files/styles/teaser/public/content/image/2022/10/04/34529/billetes-dolar-igal-ness-9wy2ofzq9us-unsplash.jpg?itok=EYXLgC92)
US inflation: definitions and factors
13 Oct 2022
![Detalle de una moneda de 2 euros. Foto de Immo Wegmann en Unsplash](/sites/default/files/styles/teaser/public/content/image/2022/08/30/34529/detalle-euro-moneda-immo-wegmann-6qs-quo-0i-unsplash.jpg?itok=o6cUmkH_)
The ECB and risk premia in the periphery
12 Sep 2022
![Imagen de un texto con parte de la definición del término "euríbor"](/sites/default/files/styles/teaser/public/content/image/2022/07/05/34529/imagen_euribor.jpg?itok=PZXVERJn)
Questions and answers about the Euribor
18 Jul 2022
![Figurita de persona leyendo el periódico sobre una pila de monedas de euro. Foto de Mathieu Stern en Unsplash.](/sites/default/files/styles/teaser/public/content/image/2022/07/12/34529/salarios-monedas-euro-mathieu-stern-1zo4o3z0uja-unsplash.jpg?itok=DpWcPe39)
Wage dynamics in Spain: are low and high wages growing at the same pace?
12 Jul 2022
![Photo by Chris Briggs on Unsplash](/sites/default/files/styles/teaser/public/content/image/2021/10/13/34529/monedas-dolar-centavos.jpg?itok=wRHiPpIZ)
On the reduction of the central banks’ balance sheets
10 Jun 2022
![Portada IM04-2022 La respuesta de los salarios al aumento de la inflación](/sites/default/files/styles/teaser/public/content/image/2022/05/10/34529/im05_2022_portada_0.jpg?itok=wJCL1hdR)
Wage dynamics in Spain: what does the CaixaBank Research wage growth tracker tell us?
16 May 2022
![Portada IM04-2022 La respuesta de los salarios al aumento de la inflación](/sites/default/files/styles/teaser/public/content/image/2022/05/10/34529/im05_2022_portada_0.jpg?itok=wJCL1hdR)
Wage dynamics: another concern for the ECB?
16 May 2022