Searcher
Sonsoles Castillo
Sonsoles Castillo
Chief Economist for Financial and Economic Analysis
Madrid

Sonsoles Castillo, Chief Economist for Financial and Economic Analysis at BBVA Research.

She joined BBVA Research in 1997. She has been Chief Economist for Capital Flows, for Europe and for Emerging Markets. Areas of interest, Monetary policy, European integration and Financial Markets.

Research assistant at FEDEA (Fundación de Estudios de Economía Aplicada).

Gained a Scholarship for Research Staff Training at the Faculty of Economics of the University of Alcalá de Henares.

BA Studies Economics, University of Alcalá de Henares.

Latest publications

The European Central Bank (ECB) had to make a decision in difficult circumstances on Thursday, amid strong financial market turmoil and with the banking sector in the eye of the storm. It raised rates by 50 basis points to 3.50%.
Thursday’s ECB meeting was presented a priori with two points of interest on the table, aside from the 75 basis point rate hike which had been widely anticipated by markets and analysts thanks to a fairly direct communication from the central bank itself.
For the second time in a row, the ECB has struck with aggressive rate hikes, this time by 75 basis points. A magnitude more or less pre-announced in the last few days, when in July the expectation was increasing by 50.