Mexican inflation seen holding steady in October – Reuters poll

MEXICO CITY (Reuters) - Mexico's annual inflation likely remained stable in October at the central bank's target rate, reinforcing expectations of another interest rate cut by the Bank of Mexico when it meets later this month, a Reuters poll showed on Monday. The median forecast of 12 banks, brokerages and analysts surveyed for the poll was for annual inflation at 3.0% in October, unchanged from September. Compared with the previous month, consumer prices were expected to have risen by 0.53%, while the core index was forecast to climb by 0.25%, the survey showed

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