Topics of the EFE Economía day for Wednesday, January 31, 2024 (1:00 p.m.)


Washington – The US Federal Reserve concludes its monetary policy meeting in which it will decide whether to maintain, for the fourth consecutive time, interest rates at the current range, between 5.25% and 5.50%.

(Text) (Photo) (Video)

– The central banks of Brazil and Colombia also decide whether to maintain their interest rates.



Madrid – The twelve-month Euribor, the indicator most used in Spain to calculate mortgage payments, has started the year downwards, and has closed the month of January with an average rate of 3.6%, its third consecutive fall.

(Text sent at 12:52 p.m.) (Infographic)



Madrid – The Bank of Spain considers that the upward review of the interests of variable mortgages contracted in the past has practically been completed and “only” 7% of them would be exposed to an increase of more than one percentage point until March 2024.

(Text sent at 11:07 a.m.)



Madrid – Banco Santander obtained a net profit of 11,076 million euros in 2023, which represents a new record for the financial institution and 15% more than the previous year, thanks to the strong growth in income, especially in Europe, due to the rise in interest rates.

(Text sent at 8:15 a.m.) (Photo) (Video) (Infographic)

– Banco Santander earned 2,371 million in Spain in 2023, 52% more.

(Text sent at 10:04 a.m.)



Madrid – The Ministry of Finance publishes public deficit data until November (without local corporations), after it decreased by 3.2% year-on-year in the first ten months of the year, to the equivalent of 1.31% of GDP.

(Text) (Infographic)



Seoul – The South Korean technology giant Samsung Electronics earned 15.49 trillion won (about 10,695 million euros) at the end of fiscal year 2023, 72 percent less than in the previous year due to the slowdown in demand for chips, which only showed signs of improvement in the last quarter.

(Text sent at 1:38 a.m.)

The Swedish fashion chain H&M obtained a net profit of 772 million euros in its last fiscal year, more than double that of a year before, and has announced the replacement of its CEO.

(Text sent at 8:57 a.m.)

– KPN, Novo Nordisk and Novartis have also presented their accounts for the year, and in the US those of Boeing and Mastercard, among others, will be announced this afternoon.



Madrid – Retail sales closed 2023 with an average increase of 6.1% compared to a year before, which represents the largest increase since the beginning of the series, thanks to the performance of large stores, according to data from the National Institute of Statistics (INE).

(Text sent at 12:41 p.m.) (Infographic)



Paris – Faced with pressure from farmers, who have blocked the main road accesses to Paris, the French Government announced this Wednesday two new measures to support the sector with an amount of 230 million euros and assures that it will defend that the EU does not negotiate with Mercosur the agreement in the current terms.

(Text sent at 9:35 a.m.) (Photo) (Video)

– France says that it will control that distribution companies pay minimum prices to farmers also when they buy in other European countries such as Spain.

(Text sent at 10:06 a.m.)

– The 2024 common agricultural policy (CAP) campaign begins tomorrow in Spain amid farmers’ protests.

(Text sent at 11:44 a.m.)



Buenos Aires – The Argentine Congress begins the debate on the draft Law of Bases and Starting Points for the Freedom of Argentines, known as the ‘omnibus law’, with which the Government of Javier Milei seeks to deregulate the economy and undertake structural reforms to minimize the presence of the State.

(Text) (Photo) (Video)



Madrid – The stock markets close the first month of the year with investors pending the monetary policy of the main central banks and with the Spanish stock market struggling to consolidate the level of 10,000 points.

(Text) (Photo) (Video)




EFE Economy Editorial (34)913 46 75 74

You can write to [email protected] to contact our editorial team.

In You will find all the multimedia production of the EFE Agency and its World Agenda, an updated list of scheduled information events.

For any other product or service, contact [email protected] or call +34 91 3467245

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button