Banking Lab. The impact of interest rate hikes on mortgages

November 24, 2022

Central banks around the world have been raising their official interest rates and withdrawing liquidity for months in response to a context of high and persistent inflation. The return to monetary policy normalcy after six years of exceptionality with negative official interest rates has been rapidly transmitted to market interest rates and, specifically, to the Euribor, which is used as a reference in the vast majority of variable-rate mortgages.

Against this backdrop, an in-person session of the ‘Banking Lab’ will be held next Wednesday, November 30, at the Cunef Campus Assembly Hall (C/ Leonardo Prieto Castro, 2) at 9:30 AM.

You can view here the program.

This session will analyze the effects of rate hikes on the Spanish mortgage market and their implications for financial stability, with a look toward the future evolution of central bank measures.

The opening speech of the day will be given by Iñigo Fernandez de Mesa, Vice President of the Spanish Confederation of Business Organizations (CEOE). Later, the roundtable will feature Javier Rodríguez Pellitero, Secretary General of the Spanish Banking Association (AEB); Angel Estrada, Director General of Financial Stability, Regulation, and Resolution at the Bank of Spain; José García Montalvo, Professor of Economics at Pompeu Fabra University; and Paloma Arnaiz, Secretary General of the AEV (Spanish Association of Value Analysis). Santiago Carbó, Professor of Economic Analysis at the University of Valencia, will moderate the debate.

Promoted by the AEB Foundation through CUNEF, the ‘Banking Lab’ has become, since its creation in 2018, a forum for reflection on various topics relevant to the banking sector.

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