North Carolina voters measure cost of living and Trump's record before the polls

On the eve of the mid-term legislative elections in the United States, scheduled for Tuesday, North Carolina voters are asking a simple question: has life become more expensive? According to BBC Business, the state evaluates Trump's record on cost of living, and this issue weighs on the voting decision.

The election will define who controls Congress, that is, who will have the most strength to approve or block projects on the government's economic agenda. Therefore, the local dispute gains weight that goes beyond the state's borders.

Opinion surveys cited by BBC Business point to rising prices as a central theme when voting. This perception puts Trump's economic record at the center of the conversation with voters.

The BBC's Clive Myrie visited North Carolina to record this assessment. The question that is repeated among residents, according to the report, is whether they are in a better situation than they were two years ago.

In midterm elections, the result is also often read as a thermometer for the economy. Therefore, the count and the final composition of Congress deserve the attention of those who follow the stock market, interest rates and the dollar.

What changes for the investor

The possible effect for those who invest is the change in control of Congress, which influences budget and taxes. A majority change tends to change the market's reading of the United States' fiscal agenda, with possible repercussions on technology stocks listed on the Nasdaq, long-term interest rates and the dollar exchange rate. This is a hypothesis, not a price prediction, as the impact depends on the final result, the reaction of investors and factors that go beyond the election.

Automatically translated from Portuguese.