“No, and I don’t think there is any danger. I can say that the decision was made by five members of the Governing Board, ”he answered the question about whether the president’s early morning put the autonomy of the central institute at risk.
Minutes later, wearing a dark blue linen jacket, Gerardo Esquivel walks at a fast pace. He doesn’t want to give answers. “Not right now, let me get there first and then we’ll talk.” He just cuts to answer a question about why he now voted the same as the rest of his classmates to raise the interest rate by 50 base points. “The geopolitical conflict. It’s a very different reality now.”
you excuse
It’s time for the truth. The country’s bankers and monetary and treasury authorities awaited the arrival of President López Obrador at the inauguration of the event.
Rogelio Ramírez de la O, head of the Treasury, and the governor of Banxico, Victoria Rodríguez, who has her back to the public all the time, spend several minutes talking. She speaks and moves her hands; he just listens. By then the news spread that the one who leaked Banxico’s decision to the president was someone from the Treasury.
The inauguration of the event begins and it is López Obrador’s turn to speak. After 10 minutes, another unprecedented event occurs: the president apologizes to Banxico for airing the decision ahead of time… “I thought it had already been made public [el alza de tasas]”.
The president’s action won him the applause of all attendees. It is wise to admit mistakes, says the old adage.
After the inauguration, Irene Espinosa, deputy governor of Banxico, accepts the apology of the president of Mexico. Later, Gerardo Esquivel does the same. Both recognize the importance of clarifying the misstep to the public.
Apologies seem to calm more after a hectic day. However, the banking convention was no longer the party that was expected… and not even the Mexican National Team helped to make the celebration more decorous. Another tiger roared loud this time.
