BBVA Research Department since 1999 (2005- US Team)
•The World Bank, Ministry of Education, Republic Bank
•BA Studies Economics (ITAM)
•MsC & PhD Studies Economics (Warwick)
In July, the current economic expansion will reach 121 months, becoming the longest in modern history. Barring any shocks, inflation-adjusted GDP will average more than $21T in 2019 and by the end of the year real GDP per capita will surpass $58K.
According to the minutes, members expect the pace of economic expansion to moderate in 2019, mainly due to weaker global growth and a smaller impact from fiscal stimulus.
the Fed's two major challenges in the short term are to avoid market pessimism turning into self-fulfilling expectations and to adjust its monetary policy strategy, with the aim of strengthening its credibility with regard to target inflation.