Iván Fernández
Iván Fernández
Senior Economist
Mexico City

Iván Fernández specializes in the macroeconomic and financial analysis of Mexico and the United States. He holds a BSc in Economics and an MSc in Finance from the National Autonomous University of Mexico (UNAM). He is a CFA Charterholder who passed all three levels on the first attempt.

Previously, he worked in the public sector as Director of Financial Oversight in the National Commission of the Retirement Savings System (CONSAR). In the private sector, he served as the Evaluation Coordinator of the Financial Education Program of BBVA Mexico.

He teaches statistics and econometrics at the National Autonomous University of Mexico (UNAM).

Latest publications

The overall tone of the statement remained hawkish amid first-quarter developments in the real economy, but for the first time since the beginning of the tightening cycle the Fed no longer explicitly “anticipates” the need for more hikes ahead.
Markets now forecast two 25bp rate cuts for the two last FOMC meetings this year in November and December. We continue to expect that after this final hike the Fed will pause for the remainder of the year.
As suggested by the FOMC last month, “some additional policy firming” will likely mean that the Fed will decide to take the fed funds rate to a 5.00- 5.25% target range peak next wednesday through a final 25bp rate hike.