Mexico's Senate Confirms Cuadra as New Banxico Deputy Governor

Reported about 12 hours ago

Mexico's Senate has confirmed Jose Gabriel Cuadra Garcia as the new deputy governor of Banxico, the country's central bank, with unanimous support prior to the first monetary policy decision of the year. Nominated by President Claudia Sheinbaum, Cuadra, an economist with over 20 years of experience at the bank, replaces Irene Espinosa and is expected to advocate for a more dovish monetary policy amid slowing inflation and economic growth concerns.

Source: YAHOO

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