The brief
The rate increase was the first such move in three years and the first policy shift under the new Fed chief. The rate increase was announced less than two months before midterm elections that will determine whether Trump's Republicans retain control of Congress for the final two years of his presidency. Key points and original sources are listed below.
- The rate increase was the first such move in three years and the first policy shift under the new Fed chief.S1
- The rate increase was announced less than two months before midterm elections that will determine whether Trump's Republicans retain control of Congress for the final two years of his presidency.S2
