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Monthly Report

June 2025 | No. 501

Index
June 2025 | No. 501

Editorial
Hegemonic stability in times of change
José Ramón Díez
José Ramón Díez

Key points of the month

  • The Spanish economy holds up
    Oriol Aspachs

Forecasts and indicators

  • Forecasts and indicators - june 2025

Financial markets

  • Uncertainty over economic policy continues to steer investor mood
    CaixaBank Research
  • What are the implications of the Fed slowing down its balance sheet reduction process?
    Isabela Lara WhiteAntonio Marta Miranda

International economy

  • Trump’s announcements detract from the economic indicators
    CaixaBank Research
  • A changing European labour market: the role of immigration and new jobs
    María Romero Meléndez
  • New economic scenario: The world holds its breath over Trump’s tariffs
    Rita Sánchez Soliva
  • US tariffs: where do we stand and what comes next?
    David Martínez TuréganoLuís Pinheiro de Matos

Spanish economy

  • Spain: much ado about nothing, for now
    CaixaBank Research
  • Lower budget deficit in 2025 in Spain, but the structural challenges persist
    Javier García Arenas
  • The exposure of employment in Spain to the US: key sectors and characteristics
    Sergio DíazAnna Bahí Esteba
  • The CaixaBank Research real estate clock: the Spanish real estate market picks up the pace
    Judit Montoriol Garriga
  • Economic situation in the Valencia province six months after the floods
    Zoel Martín VilatóEduard Alcobé Garcia

Portuguese economy

  • Portugal: 2025 starts poorly, but the macro outlook is still supported by structural factors
    CaixaBank Research

Forecasts and indicators - june 2025

Forecasts

Key indicators

16 June 2025
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