Acting under uncertainty: The ECB’s shift toward discretionary monetary policy
On 11 June 2026, the ECB became the first major central bank to raise policy rates in response to inflation pressures stemming from the war in the Middle East, reversing…
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On 11 June 2026, the ECB became the first major central bank to raise policy rates in response to inflation pressures stemming from the war in the Middle East, reversing…
El objetivo de este artículo es analizar la exposición de la banca española al ladrillo, ofreciendo un análisis comparativo a nivel europeo. Para ello, se analiza por separado la evolución…
European sovereign debt markets are undergoing significant structural shifts that simultaneously reduce demand and increase supply. Yet pricing stability has persisted amid geopolitical uncertainty, reflecting clearer policy signals and more…
Este trabajo analiza la coexistencia de una menor demanda estructural de deuda pública y un aumento de la oferta, en un entorno que ha mostrado una notable estabilidad de precios.