Searcher
Javier Amador
Javier Amador
BBVA Research - Principal Economist

Javier Amador is Principal Economist of BBVA Research. He joined BBVA Research in 2002. He has worked mainly in macroeconomic and financial analysis related to the Mexican, US and global economy. Between 2005 and 2007 he was a Senior Economist in the US team where he analyzed inflation and monetary policy mainly. He was a Principal Economist in the Global Financial Scenarios Team from 2010 to 2013 where he followed mainly Monetary Policy.

 

He obtained the Degree in Economics at the Monterrey Institute of Technology (ITESM) in 2000 with the highest honors (Summa Cum Laude), and an MsC in macroeconomics and finance subjects at the University of Birmingham in 2001.

Latest publications

Board members voted 4-1 to hold rates steady at 11.00%. The fact that the decision wasn’t unanimous came as a bit of surprise considering the recent peso weakening and that Banxico was set to revise up its short-term headline inflation forecasts.
Mid- and long-term Treasury yields eased further from their late-April’s highs on a less hawkish than expected Fed in this month’s meeting, and fresh signs that the inflation jump in 1Q will prove transitory.
Banxico will most likely suggest it will proceed with caution, at least until more information is available about the judicial reform and the type of fiscal adjustment that will be implemented next year to fulfill the federal government’s commitment to reduce the public deficit by 2.9 points of GDP next year.