Publications

Here are all of our publications listed chronologically. You can also find the publications relating to single geography under “Publications by geography” or narrow down your search using the “Advanced filter”.

Latest publications on interest rate corridor

China | Stocktaking China’s new toolkit in its monetary policy framework

July 4, 2025

We elaborate on the recent developments of China's monetary policy framework, including introducing new policy rate, upgrading "corridor" and developing new monetary policy tools.

The CBRT Strengthens its Credibility

July 27, 2017

The Central Bank kept its interest rate corridor unchanged. Bearing in mind the stickiness in inflation and the ongoing high momentum of the economic activity, we expect the Bank not to find enough room for monetary easing until the end of the year when the headline will fall towards 9% thanks to favorable base effects on food and tax hikes of last year.

Individual publications may only be downloaded for technical reasons to allow a more complete, rigorous and individual reading of the publications. In this regard, only a brief summary, mention or reference to the publications is permitted and only when all the following conditions are met: (i) it is not for commercial purposes (not even indirect commercial use, e.g. to attract advertising to your website); (ii) a statement is included that BBVA Research is the author and owner; and (iii) a precise and complete link to the URL where the publication is available is included on this website. More information