Banco de España
BDEPaper
Voice emotion models lack a universal best fit for cash research
No speech emotion recognition model works best across all settings, a Bank of Spain review published on October 13, 2026 finds.
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BDEPaper
Spanish growth revised up to 2.6 percent, inflation to 3.9 percent
Banco de España raised its 2026 growth forecast for Spain to 2.6 percent and its inflation forecast to 3.9 percent in its third-quarter report.
BDESpeech
Spanish growth revised to 2.6 percent amid 3.9 percent inflation
Banco de España Director General of Economics David López Salido presented the autumn macroeconomic projections on October 9, 2026, lifting 2026 GDP growth to 2.6 percent while raising headline inflation to 3.9 percent due to persistent energy price pressures.
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BDENews
Rising bond yields and frontier AI amplify stability risks
Financial stability risks in the European Union increased over the third quarter of 2026, the European Systemic Risk Board reported.
BDENews
Ricardo Caballero wins King of Spain Economics Prize
MIT economist Ricardo Caballero has been awarded the King of Spain Economics Prize for his contributions to macroeconomics and finance.
BDENews
Madrid macro conference targets firm networks and labor dynamics
Academic researchers gather in Cercedilla on October 8–9, 2026, for the second Madrid Macro Mountain Conference hosted by Banco de España.
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BDEPaper
Military investment lifts GDP after four years with 1.3 multiplier
Defence procurement contracts boost GDP only after a lag of roughly four years, reaching a peak total multiplier of 1.3, according to a Banco de España study.
BDENews
Household and corporate debt ratios hit multi-decade lows
Spanish household and corporate debt ratios fell to 41.9 percent and 61.9 percent of GDP in the second quarter of 2026, reaching their lowest levels since 1999 and 2001.
BDEPaper
Polarization curbs investment by 2.2 percent across seven nations
A study from Banco de España tracking seven democracies shows political polarization has surged since 2009, rising twice as fast in North America as in Europe.
BDEPaper
Sticky prices and twin habits explain equity and bond yield curves
Nominal price rigidities combined with market and home consumption habits reconcile macroeconomic quantities with equity and bond yield curves, according to research by Pierlauro Lopez, Francisco Vázquez-Grande and David López-Salido.
BDEPaper
US tariffs on China diverted nine cents per dollar to the EU
A Banco de España study finds that US tariffs on China during 2018 and 2019 redirected nine euro cents of trade to the EU for every dollar lost in US imports.
BDENews
Spanish bank ROE reaches 16.05 percent as NPLs hit record low
Credit institutions operating in Spain recorded an annualized return on equity of 16.05 percent and reduced their non-performing loan ratio to a record low of 2.53 percent in the second quarter of 2026, according to supervisory data published by Banco de España.