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    Searcher
    Nathaniel Karp
    Nathaniel Karp
    Chief Economist
    Houston

    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)

    Latest publications

    May 7, 2021

    U.S. | Modest job gains in April suggest a full-speed recovery is still elusive
    April’s job creation was shockingly below expectations. The unemployment rate increased slightly as more people entered the labor force encouraged by vaccinations and reopenings. Overall, labor market conditions suggest that the recovery is still vulnerable.

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    April 29, 2021

    U.S. | Solid growth in 1Q21 underpins strongest expansion in almost 40 years
    Strong real GDP growth in 1Q21 on the back of massive fiscal support, accommodative monetary policy, a successful vaccination campaign and the reopening of the economy.

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    April 28, 2021

    Fed upgrades its outlook but tapering and liftoff are not in the radar
    The Fed acknowledged that economic conditions have improved but the recovery remains uneven and incomplete. As we expected, the Fed left interest rates unchanged, maintained the monthly pace of asset purchases and kept its forward guidance unaltered.

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