Reported about 7 hours ago
Mexican President Claudia Sheinbaum has nominated Jose Gabriel Cuadra Garcia to the central bank's board, a position that requires Senate approval. Cuadra, who has over 20 years of experience at Banxico and currently directs its economic studies, is expected to provide valuable insights into monetary policy. This comes amid economic challenges for Mexico, including recent tariffs imposed by the U.S. and the first quarterly contraction in GDP since 2021.
Source: YAHOO