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)
The Covid-19 pandemic generated an unprecedented shock to the labor market that at its peak contributed to the loss of 25 million jobs, forcing 24 million people to claim unemployment benefits and 8 million to leave the labor force temporarily.
President’s approval ratings continue recovering, but remain below pre-Covid levels. With most states taking steps to accommodate the Covid-19 crisis, 78% of voters will have the option to cast an absentee ballot without any limitation.
September 16, 2020
FOMC Meeting September 15-16:Fed delivers on forward guidance, but defers on changes to QE
After announcing the changes to the Longer-Run Goals and Monetary Policy Strategy in the intermeeting period, the FOMC followed up with a very dovish statement at the September meeting.