Searcher
Federico Daniel Forte
Federico Daniel Forte
Principal Economist
Buenos Aires

Federico Forte is Principal Economist of BBVA Research Argentina since October 2019. Prior to joining BBVA, he was Advisor to the Governor of the Central Bank of Argentina (BCRA), parliamentary advisor specialized in fiscal issues at the National Congress, and research assistant in the Economics Research team of HSBC Bank Argentina.

Federico is since 2015 professor of Economics at the University of Buenos Aires (UBA). He has also been professor of Monetary Theory and Policy, Macroeconomics and Statistics in undergraduate and graduate courses at UBA and Universidad Torcuato Di Tella.

He is in charge of monitoring the monetary conditions of the Argentine economy and the FX-market.

He holds a bachelor's degree (Magna Cum Laude Honours) and a master’s degree in Economics from University of Buenos Aires.

Latest publications

The government reached an enforceable agreement with the IMF, avoiding a default scenario. This is good news for Argentina, but its gradual approach does not change the overall macroeconomic scenario, nor does the absence of structural reforms create the conditions for a sustainable growth path.
3Q21 GDP was better than expected and reached pre-COVID-19 levels. We modified our GDP growth forecast for 2021 from 7.5% to 10%. We expect a weak activity performance in 2022 (+3.5%). The recent announcement of an understanding with the IMF lowers the likelihood of more adverse risk scenarios.
We raised our GDP growth forecast for 2021 to 7.5%, but we do not expect a dynamic performance in the coming two years (average annual growth: 2%). The key question is whether that will be a result of the correction of imbalances or due to a postponement of them. An agreement with the IMF would shed light on this issue.