Banxico survey sees lower inflation, stronger growth and 6.50% hold

A Bank of Mexico (Banxico) survey of private economists surveyed between September 15-28, revised down their headline and core inflation forecasts, updated their projections for the USD/MXN exchange rate, and revised their projections for the future of interest rates set by the Mexican institution.
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Fed’s Jefferson signals patience as next rate move stays data-driven

The Vice Chairman of the Federal Reserve, Philip Jefferson, is on the wires, saying that the “Fed is fully committed to returning inflation to 2% target” and that future interest rate decisions “should be driven by data.”
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