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Photo of Julio L. Ortiz

Julio L. Ortiz

Senior Economist Advanced Foreign Economies Section International Finance
202-313-2013
[email protected]

Education

  • Ph.D., Economics, Boston University, 2021
  • M.A., Political Economy, Boston University, 2019
  • B.S., Economics and International Affairs, George Washington University, 2013
Current Research Topics
  • Firm dynamics
  • Expectations formation
  • Senior Economist

    Board of Governors of the Federal Reserve System

    2024 - present
  • Economist

    Board of Governors of the Federal Reserve System

    2021 - 2024
  • Overreaction through anchoring
    Constantin Bürgi and Julio L. Ortiz
    International Journal of Forecasting (Forthcoming)
    https://doi.org/10.1016/j.ijforecast.2025.08.002
  • Core Inflation in the Advanced Economies: A Regional Perspective
    Daniel O. Beltran and Julio L. Ortiz
    International Finance Discussion Papers (2025)
    https://doi.org/10.17016/IFDP.2025.1421
  • Inflation's Shared DNA: Regional and Global Factors in Post-Pandemic Core Inflation
    Daniel O. Beltran and Julio L. Ortiz
    FEDS Notes (2025)
    https://doi.org/10.17016/2380-7172.3888
  • Reviews of Foreign Central Banks’ Monetary Policy Frameworks: Approaches, Issues, and Outcomes
    Grey Gordon, Julio Ortiz, and Benjamin Silk
    Finance and Economics Discussion Series (2025)
    https://doi.org/10.17016/FEDS.2025.066
  • Household Excess Savings and the Transmission of Monetary Policy
    Thiago R.T. Ferreira, Nils Gornemann, and Julio L. Ortiz
    International Journal of Central Banking (2025)
    See also » FRB Working Paper (2024)
  • Household Excess Savings and the Transmission of Monetary Policy
    Thiago R.T. Ferreira, Nils Gornemann, and Julio L. Ortiz
    International Finance Discussion Papers (2024)
    https://doi.org/10.17016/IFDP.2024.1397
  • An update on Excess Savings in Selected Advanced Economies
    François de Soyres, Dylan Moore, and Julio Ortiz
    FEDS Notes (2023)
    https://doi.org/10.17016/2380-7172.3426
  • Accumulated Savings During the Pandemic: An International Comparison with Historical Perspective
    François de Soyres, Dylan Moore, and Julio L. Ortiz
    FEDS Notes (2023)
    https://doi.org/10.17016/2380-7172.3326
  • Spread Too Thin: The Impact of Lean Inventories
    Julio L. Ortiz
    International Finance Discussion Papers (2022)
    https://doi.org/10.17016/IFDP.2022.1342
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Last Update: November 21, 2025