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    Carlos Castellano
    Carlos Castellano
    BBVA Research - Economist

    Carlos Castellano joined the Global Economic Scenarios unit at BBVA Research as an economist in 2022, also working in this unit in the 2020-2021 period. He previously worked as a risk model validator at Credit Suisse and a corporate actions analyst at Refinitiv.

    He holds a degree in Business Administration and a master's in Finance from Universidad Carlos III (Carlos III University) in Madrid, where he was involved in projects on machine learning and hedge fund strategy models.

    Latest publications

    September 12, 2024

    Europe | Second ECB rate cut this year, eyes on December
    today’s ECB meeting did not offer much new information, as widely expected, apart from making the second rate cut this year. With virtually no hints today, this meeting supports our expectation of a very gradual cycle of rate cuts, with one more rate cut in December.

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    July 18, 2024

    Europe | The decision for a September rate cut is wide open
    As expected, the ECB leaves its monetary policy unchanged and leaves the door open for a rate cut at the next meeting in September, awaiting for more data on wages, profit margins and productivity that confirm its inflation outlook.

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    June 6, 2024

    Europe | A hawkish cut
    No major news has come out today as the rate cut was universally expected and the ECB does not want to pre-commit to the path of future cuts. We still expect two further cuts this year, in September and December, if there are no major surprises in the outlook for inflation during the rest of the year.

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