US 2026 midterms: control of Congress at stake in Trump's second half
Published 14 h ago6 sourcesEvidence: Reported
Ahead of the US midterm elections, rising living costs, accelerating inflation, and slowing employment are eroding consumer morale and family purchasing power, despite overall economic growth. The article suggests the economy will be a decisive factor in the elections, though the exact electoral impact remains uncertain. This matters because the outcome could shift legislative priorities and market expectations for fiscal policy.
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The Federal Reserve is convening its first policy meeting since September, with a rate decision expected days before the US midterm elections. Markets anticipate the Fed's statement for signals on future tightening, as inflation remains elevated and is a dominant concern for voters. The timing and magnitude of any rate hike remain uncertain, but the decision could influence voter sentiment and market expectations.
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