◻️ Good day, here are the latest developments:
🔘 Bowman, a member of the Federal Reserve, confirms that she does not expect a rate cut this year.
🔘 Bowman stated that she would support raising interest rates again if inflation rises.
🔘 These statements are favorable for the US dollar and against metals and stock indices.
🔘This week, there will be a debate between Trump and Biden, and things may tilt in favor of Trump.
🔘 Bank of America says the Federal Reserve might cut interest rates in December at the end of 2024.
🔘 This timing is much further out than market expectations and is favorable for the dollar in the long term.
🔘Today, the markets are anticipating the US existing home sales report at 14:00 GMT.
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