Banco de Mexico's governor: a badly timed resignation

MEXICO - Report 02 Dec 2016 by Mauricio González

Agustin Carstens resigned as governor of Banco de Mexico, effective next July, to become the head of BIS.

The timing is unfortunate, since this change comes during a circumstance in which monetary policy has become the main (and in our opinion, the only), policy instrument at hand to preserve economic stability in Mexico in the next few years.

Now read on...

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