Bank of Spain raises GDP, inflation forecasts; flags risk from yields
The Bank of Spain lifted its economic growth forecasts and raised its inflation outlook, citing strong private consumption and rising exports, while warning risks from high inflation, international conflicts, and higher bond yields.
Spain's central bank on Friday lifted its growth forecast for this year and next, pointing to robust private consumption and stronger exports, while warning that high inflation, international conflicts and rising bond yields could weigh on the outlook. In its quarterly outlook, the Bank of Spain also projected this…