Searcher
Carlos Serrano
Carlos Serrano
Chief Economist
Mexico City

Carlos Serrano is Chief Economist at BBVA in Mexico. He oversees a team of economists conducting work on economics, financial markets and regulation. He is also member of the Asset and Liabilities and Regulatory Committees.


He holds masters and PhD degrees from the University of California at Berkeley, where he specialized in macroeconomics, international finance, and industrial organization. He obtained a B.S. in economics from Instituto Teconológio Autónomo deMéxico, ITAM.


In 2000 he was awarded the national prize on economic research, awarded annually by Banco Nacional de México.


Before joining BBVA, Carlos was executive vicepresident for regulatory policy at Mexico´s Banking and Securities Commission where he was in charge of designing regulation for banks, securities and derivative markets, broker dealers, and mutual funds. He was Mexico´s representative before the Basel and IOSCO committees.


He also worked at the World Bank where he was, among other positions, Country Economist for Peru, Paraguay, and Bolivia.


He has taught advanced macroeconomics and finance at ITAM.

Latest publications

The Banking System maintains capital and liquidity levels much higher than regulatory minima. The dynamism of bank financing in 2023 was observed in all sectors (public and private), through various instruments (credit and securities) and was accompanied by higher credit provisions.
This Agenda presents the 2024 dissemination schedule for economic indicators and relevant monetary policy events in Mexico and the US; dates of important events such as the meetings of various relevant international entities such as: World Economic Forum, World Bank and the IMF
A key change in the forward guidance signals that Banxico is getting ready to start a rate cut cycle as “in the next monetary policy meetings, it will assess, depending on available information, the possibility of adjusting the reference rate.”