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“Democrats have focused much of their campaign on affordability, an issue that has roundly resonated with an electorate stung by high gas prices and persistent inflation, driven in part by Trump’s erratic tariff policies and the US war on Iran.”

“That is less than half the 9.1% pace of inflation reached as the US emerged from the pandemic.”

“…er Warsh backs rate hike, says rates should be ‘1% or less’ US President Donald Trump on Sept 16 levelled his most pointed – though still indirect – criticism yet at his hand-picked Federal Reserve chief, fuming on social media over the central bank’s move to…”

“…re Sleeping: 5 stories you might have missed, Sept 17, 2026 US Fed hikes rates in search of ‘timelier’ drop in inflation The Federal Reserve raised interest rates on Sept 16 and flagged further increases in borrowing costs in coming months, with new US…”

“The escalation compounds fears about the impact of the Middle East crisis on global growth, with crude prices sent soaring since Iran effectively shut the crucial Strait of Hormuz after it was attacked by the US and Israel in February.”

“Adding urgency for US officials to extend the deal are Nov 3 midterm elections where inflation is a persistent voter concern.”