Source: International Business Times
US President Donald Trump shakes hands with the Chairman of the Federal Reserve Kevin Warsh (L) during a swearing in ceremony in the East Room of the White House in Washington, DC on May 22. Aaron Schwartz / AFP via Getty Images The Fed's decision to keep interest rates unchanged has once again brought the spotlight back on November midterms, as the prospect of higher borrowing costs loom, posing uneasiness for the tense Republican camp. The Trump administration's own policies have helped drive an increase as the tariffs regime unleashed last year spurred rates, the Associated Press reported.
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