EMERGING MARKETS-Mexico peso, stocks down ahead of Fed decision

(Updates prices)

SAO PAULO, Sept 19 (Reuters) - Mexico's peso and stocks

slipped on Monday as investors showed caution ahead of policy

meetings by the U.S. Federal Reserve and the Bank of Japan on

Wednesday.

A range of mixed economic figures and conflicting remarks by

key Fed policymakers have kept investors guessing over the

timing of the next U.S. rate hike.

J.P.Morgan revised its forecasts this week to continue to

show an initial increase in December 2016 followed by two hikes

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