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November 19, 2024
Spain | Geopolitical risk as the leading threat to financial stability
A few days ago, Bank of Spain released its Financial Stability Report, one of its top publications. Coincidentally, this report came out on the same day Americans elected their new president.
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July 5, 2024
Global | Carbon Markets to Leverage Forests for Sustainability
Forest-based carbon markets offer significant opportunities for developing countries but require robust institutional frameworks, effective governance, and comprehensive policies to maximize benefits and mitigate risks.
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June 6, 2024
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May 3, 2024
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January 22, 2024
National Accounts in a World of Naturally Occurring Data
This paper provides a first proof of concept that naturally occurring transaction data, arising from the decentralized activity of millions of economic agents, can be harnessed to produce both traditional national accounts-like objects and novel representative economic statistics.
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January 5, 2024
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December 26, 2023
Global | Inflation and Bottlenecks November 2023
Inflation pressure continued easing across the board, although core CPI remains high. Bottleneck indicators signal absence of disruptions, although some container freights have rebounded, reflecting the problems in the Red Sea.
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December 22, 2023
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September 21, 2023
US | Fed’s dot plot signals fewer rate cuts in 2024
It still points to one more 25bp rate hike this year as the Fed is still not fully confident about inflation and feels it needs to strengthen market’s expectations about the need for “higher for longer” rates.
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