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

With a better than expected 2022, Argentina will face a complex 2023, with a drop in the level of activity and high inflation that will lead to a stagflation scenario. The main challenges will be the rollover of debt in the local market for challenging amounts and the vulnerability of the FX rate scheme.
The Current Account of the BoP includes the trade balance and the net dividend and interest payments abroad. A current account deficit implies that the country is a net debtor to the rest of the world. An econometric model is used to estimate the structural Current Account balance of Argentina and its long-term determinants
The deviations from the targets agreed with the IMF triggered a deterioration of expectations and the economic situation, deepened by political tensions. Economic activity will slow down more than expected in the coming quarters.