Javier Castro Sotelo
Javier Castro Sotelo

Javier Castro is an Economist in the Global Macroeconomic Scenarios at BBVA Research. He started working at BBVA in 2017, and performed other roles as a credit risk analyst. Previously, he also worked as an investment consultant intern at Willis Towers Watson.

He holds a Master’s degree in Finance from Lund University, Sweden, and a Bachelor’s degree in Economics from Carlos III University, which complemented with a six-month stay at Tilburg University, The Netherlands.

Latest publications

Since the beginning of the pandemic, the performance of the key economic indicators has been disrupted, particularly in terms of the sharp swings in activity and now the persistence of inflation. Policy priorities have also been strongly affected.
Monitoring and forecasting inflation in Europe in recent quarters has been a real headache for analysts, with continuous upward reviews due to a steady succession of unforeseen shocks that are not down to typical demand or oil price pressures.
In the face of recent very high inflation out-turns and risks skewed to the upside, the ECB unanimously hiked each of its three key interest rates by 75 bps. Overall, today’s stance confirm’s ECB’s hawkish bias communicated at the end of the summer and everything points to continued rapid rate rises