Hugo Vega
BBVA Research - Senior Economist
Hugo Vega is currently a Senior Economist from the BBVA Research Peru Unit. He is part of a team devoted to macroanalysis of the Peruvian economy. He is also a professor and teaches the Master’s Degree in Economics at the Pontifical Catholic University of Peru and the Faculty of Economics of the University of Piura.
Prior to this, he was an Assistant Manager of Investment Strategy at AFP Integra and he has also worked within the Management of Economic Studies at the Central Reserve Bank of Peru, where he led the Monetary Programme.
Hugo has a PhD in Economics from the London School of Economics and Political Science (London, UK). He has published a number of papers on macroeconomic issues such as monetary policy, macroprudential tools, financial friction.
Latest publications
May 8, 2020
Peru | The Central Bank will keep a highly expansive policy stance for a prolonged period
The Board of the Central Bank decided to maintain the monetary policy rate at 0,25% in May. The accompanying statement included a “forward guidance” component, with the Bank committing to the current monetary policy stance as long as the negative effects of COVID-19 persist.
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April 23, 2020
Peru Economic Outlook. Second quarter 2020
Our forecasts have been revised to incorporate the macroeconomic impact on the Peruvian economy of the measures to contain the COVID-19 outbreak. As a result, we estimate that GDP will contract between 5% and 8% in 2020, with a downward bias. A significant rebound will take place next year.
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