Rodríguez Fernández, Francisco

Monetary policy 2023 and interest rate increases: Outlook and impact

1 febrero 2023

The monetary policy roadmap for 2023 will continue to prioritize the fight against inflation, with successive official rate increases at least for much of the year, although accompanied by a slower increase in EURIBOR. Within this context, the banks will continue to play a key role in credit provision to the economy, yet while they could face improved income prospects, notable challenges exist within the prevailing uncertain climate.

La política monetaria en 2023: recorrido y efectos de la subida de tipos de interés

25 enero 2023

En este artículo se repasa la evolución del principal mecanismo de contención monetario de la inflación —la subida de tipos de interés— y el impacto que el mismo puede tener sobre los bancos y su actividad, así como las perspectivas relativas a los tipos de interés para 2023.

Rising interest rates: Initial effects on credit

30 noviembre 2022

Rising interest rates are rapidly translating into a considerable increase in borrowing costs, putting a strain on households and companies, which had grown accustomed to exceptionally lax financial conditions. In parallel, the increase in rates is already materializing in the form of some retrenchment in lending in Spain, particularly in the mortgage segment.

El sector financiero español frente a la pandemia. ¿Un antes y un después?

28 noviembre 2022

Este artículo analiza el comportamiento del sector financiero español antes, durante y después de la pandemia de COVID-19.