🔴 Here are the most important developments:

• Fed member Bowman confirms that she does not expect a rate cut this year.

👈 Bowman said that she would support raising interest rates again if inflation returned to rising.

• These statements come in favor of the US dollar and against metals and stock indices.

• During this week, there will be a debate between Trump and Biden, and things may tilt in Trump’s favor.

👈 Bank of America says that the US Federal Reserve may reduce interest rates in December at the end of the year 2024.. This time is considered very far from market expectations and is in favor of the dollar in the long term.

🌟 Today, the markets are awaiting the US existing home sales statement.

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