The US Federal Reserve has just modified its monetary policy strategy to accommodate structural changes in the economy, committing itself to temporarily tolerating inflation rates above 2% and an inclusive view of the labour market. What are the implications of this adjustment?
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After analysing the extent of the fiscal boost in Germany, Spain, France and Italy to counteract the COVID-19 crisis, we examine the following question: which countries have taken more efficient and better fiscal measures?
We examine whether COVID-19 has changed e-commerce habits in Spain based on card payments by CaixaBank's 13.5 million customers, which have been anonymised and analysed using big data techniques.
Some sectors have suffered enormously as a result of the pandemic, while others have managed to continue to grow. Between these extremes are those we can call «intermediate» sectors.
Has the COVID-19 affected the consumption habits of each generation or the same types of goods in equal measure? How did we consume before and during the pandemic?
The pandemic is having a vastly different impact depending on the generation, not only abroad but in Spain’s domestic economy too. In this final article of the Dossier, we use anonymised internal CaixaBank data to analyse whether there have been significant differences in Spaniards’ incomes and expenditure according to the generation to which they belong.
The high level of public debt will be one of the macroeconomic imbalances that we will inherit from the COVID-19 crisis. Solving it will require sustained economic growth and the redesign of certain fiscal policies.
More than 11 million Americans have now found a job. But to what extent is there still room for further recovery in the labour market? In the context of high inflation and highly accommodative monetary policy, this question is particularly important.