Julia Coronado is Chief Economist, North America for BNP Paribas' global market economics team. Prior to joining BNP Paribas, Julia was a Senior U.S. Economist at Barclays Capital in New York, where she helped formulate the forecast for the U.S. Economy and Fed policy. After receiving a Ph.D. in Economics from the University of Texas Julia worked as an Economist for the Federal Reserve Board of Governors in Washington D.C., working in Flow of Funds and Macroeconomic Analysis sections in the Division of Research and Statistics. She regularly briefed the Board and contributed to the FOMC forecasts, and she represented the Federal Reserve at meetings of the OECD’s Committee on Financial Markets. Julia has deep expertise in aging issues and worked as Director of Retirement Research at the think tank, Watson Wyatt Worldwide. She currently serves on the Board of Directors of the Pension Research Council at the Wharton School. Julia represents the firm’s economic views both to clients and the media and is a frequent commentator on economic issues in the financial press.
Posted In: Bush tax cuts, fiscal cliff
Lawmakers have left Washington for the August recess without taking action on the so-called fiscal cliff. Businesses and investors are trying to prepare as best they can, but what can the rest of us do?
Posted In: Federal Reserve, stimulus
The Federal Reserve wraps up a two day meeting today in Washington. And the big question -- yet again...will be: Is the Fed ready to launch some new economic stimulus, in line with its mandate to help the country reach full employment?
Posted In: Europe
To Europe, where economic sentiment is at a three year low, according to new figures out today. Though global markets seem to be putting that aside and focusing instead on a statement that came last week from the head of the European Central Bank.
Posted In: Europe debt crisis, spain, Greece, IMF
New fears of a Spanish recession despite bailout measures are shaking global markets today as the threat of Greece's economic crisis still looms large in the region.
Posted In: consumer, commerce, Retail
Reports from the Commerce Department show that retail sales are down for the third straight month. They slipped a half percent in June.
Posted In: manufacturing, Europe, gas
There's news this morning that folks who do the ordering at factories are increasingly wary. The Markit U.S. Purchasing Managers Index was a disappointment, its worst showing since late 2010.
Posted In: student loan, Transportation, Congress
House lawmakers have until the end of the week to deal with two big economic issues. One is a two year transportation funding bill that puts about three million jobs at stake. The other is how to keep student loan interest rates from doubling for millions of new borrowers.
Posted In: Federal Reserve
The Federal Reserve wraps up a meeting in Washington today, and markets around the world are waiting to see if the rumors are true and more monetary stimulus is on the way.
Posted In: Europe, Greece, Eurozone
What does the Greek election mean for the U.S. and have any lessons been learned as a result of the crisis?
Posted In: spain, Greece, bank bailout, elections
Just in time for the Greek elections next weekend, the EU bailout of Spanish banks aims to send the signal that the eurozone will stand behind its biggest countries.