The Bank of Spain is the central bank of Spain founded in 1782 and based in Madrid. The Banco de España's mission is to achieve price stability and financial stability in order to support stable economic growth. The Banco de España is a public law entity which performs the functions of a national central bank in Spain. It is also responsible for the supervision of the Spanish banking system and of other financial intermediaries operating in Spain. The Banco de España performs these functions as a member of the European System of Central Banks (ESCB), the Eurosystem, the Single Supervisory Mechanism (SSM) and the Single Resolution Mechanism (SRM).
Banco de Espana (Bank of Spain) - Recent News & Articles
Moody's hands France surprise downgrade over deteriorating finances
Credit ratings agency Moody's unexpectedly downgraded France's rating on Friday, adding pressure on the country's new prime minister to corral divided lawmakers into backing his efforts to rein in the...
PPI shows wholesale inflation jumped more than expected amid 'extended and bumpy journey' to Fed's target
Wholesale prices rose more than expected in November, adding to a string of sticky inflation prints. Thursday's report from the Bureau of Labor Statistics showed that its producer price index (PPI) — ...
Budget deficit swells in November, pushing fiscal 2025 shortfall 64% higher than a year ago
The U.S. budget deficit swelled in November, putting fiscal 2025 already at a much faster pace than a year ago when the shortfall topped $1.8 trillion, the Treasury Department reported Wednesday. For ...
National Center for Public Policy Research proposes BTC treasury to Amazon
The National Center for Public Policy Research — a Washington DC-based think tank championing free markets — submitted a shareholder proposal to Amazon saying that a Bitcoin corporate treasury strateg...
Asia Economy India’s central bank revises down economic growth forecast for 2025, keeps interest rate steady
India’s central bank expectedly kept the benchmark interest rate unchanged at 6.50% on Friday as it struggles to contain rising inflation without hurting growth in Asia’s third-largest economy.
The ce...
South Korea’s central bank cuts key interest rate to nurse a slower economy
South Korea’s central bank lowered its key policy rate for a second straight month and said the country’s economy will grow at a slower pace than it initially anticipated. Following a policy meeting, ...
Bank of England Seeks Ability to Lend to Non-Bank Financial Institutions
The Bank of England aims to develop the ability to lend to non-bank financial institutions (NBFIs). It is doing so to address potential liquidity challenges in core financial markets that could threat...
FOMC Minutes: "appropriate to move gradually toward a more neutral stance"
From the Fed: Minutes of the Federal Open Market Committee, November 6–7, 2024. In their discussion of financial stability, participants who commented noted vulnerabilities to the financial system tha...
How is private credit weathering its first big rate hiking cycle?
Interest rates are coming down, but only after one of the most brutal monetary tightening periods in modern history. And they’re probably coming down too late, too little and too slowly for a lot of s...
Euro zone inflation rises to higher-than-expected 2%, weakening case for jumbo rate cut
Inflation in the euro area rose from 1.7% to 2% in October, flash figures showed Thursday, coming in slightly higher than the 1.9% forecast. Core inflation and services inflation were both unchanged ...