2027: monetary outlook and fiscal implications
We are approaching 2027 with expectations of higher interest rates, reflecting the new inflation outlook and the impact of the conflict in the Middle East. In recent months, inflation in Europe and the US has approached 4%, driven by a 20% rise in consumer energy prices.…
Global economic outlook: how much more resilience in 2027?
Next year will once again test the resilience of the global economy. Economic policy will have less room to respond, while structural forces such as population ageing and climate change will continue to take effect.
11 November 2026
The ageing of the workforce: a challenge for Spain and Europe
The ageing of the workforce is emerging as a structural challenge that will increasingly constrain the labour market and economic growth. While this trend is shared across the major European economies, Spain has one of the fastest-ageing workforces, behind only Italy,…
11 November 2026
