Pedro Lomo Menéndez
Pedro Lomo Menéndez
BBVA Research - Economist

Pedro Lomo is a member of the Global Economic Scenarios department at BBVA Research. He has a degree in Economics and Law from the Carlos III University of Madrid, in addition to obtaining a Master's Degree in Economics from the same university.

He is specialized in econometric analysis of panel data, carrying out research studies in relation to the effects of development aid on international trade or how political fragmentation affects the productivity of firms. He is knowledgeable in R and Stata and is passionate about macroeconomics and national and international public affairs.

Latest publications

All in all, while waiting for wage data that underpin the expected slowdown in service prices, the ECB heads to the June meeting leaving the stage set to begin the cycle of cuts, regardless of the Fed's monetary policy steps.
This meeting further supports the expectation of an initial rate cut in June in line with our forecasts. The updated projections match our own. Nevertheless, the ECB needs to verify that core inflation, particularly from services and consequently wages, moderates as expected.
All in all, today's ECB meeting did not provide much new information. As anticipated, no change in interest rates was decided. The focus was on the ECB's tone about the timing of initial rate cuts. The conveyed message was relatively dovish, with Lagarde not ruling out an early cut