The ECB lowered interest rates by 25bp and left the deposit rate at 3%. The central bank also removed a reference in its guidance to keeping interest rates sufficiently restrictive, a sign that further policy easing is probably coming. Following the meeting, the probability of a 50bp rate cut in January, instead of 25bp, has risen from 30% to above 60%.
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1174 results found for Viable rate mortgage
In yesterday’s session, the focus was still on monetary policy decisions, as the ECB decided to raise the official interest rates by 25 bp (depo and refi rate at 3.25% and 3.75%, respectively). Despite lowering the pace of rate increases, Lagarde clearly signaled that the ECB cannot pause rate hikes yet as inflation is still too much elevated.
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Potential GDP, a key but diffuse concept
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Policies to activate the labour market
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The demographic challenge
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Outlook 2016
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New technologies and the labour market
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Oil: past, present and future
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The time of cities
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The consequences of inequality
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International economic environment and the economic environment in Spain
The Spanish tourism sector has entered a new phase of more moderate growth following years of strong expansion in the wake of the post-pandemic recovery. In this context, the restaurant industry continues its strong performance in 2025, with solid growth in spending, while US tourism shows signs of slowing down due to economic uncertainty.
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The future of financial conditions: a paradigm shift?
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2019 outlook
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Monthly Report | April 2024 | No. 488
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The economic consequences of ageing
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Money and cryptocurrencies in the new digital economy
Markets kept the positive tone on Tuesday, as Fed's Miran advocated for aggressive rate cuts. Separately, a flurry of US data suggested consumer fatigue (retail sales growth decelerated in September, and the Conference Board Consumer Confidence Index fell in November below expections), lifting expectations for a December rate cut and pushing Treasury yields lower.
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Impact and challenges of the digital economy
Against a backdrop marked by geopolitical tensions, uncertain tariff negotiations and fiscal imbalances in key economies, this summer edition of the Monthly Report looks at how trade fragmentation and the pursuit of strategic autonomy are redefining the international economic order. At the same time, it examines other issues that are key to the Spanish economy, ranging from the relationship between employment growth and productivity, to the impact of unexpected events such as the April blackout.