Cost of living tops concerns of US voters ahead of midterm elections
A Reuters/Ipsos survey shows that the cost of living, democratic standards and immigration dominate voters' agendas ahead of the vote that defines Congress.
BY THE X-TRADER NEWS NEWSROOM · REPORTING FROM INFOMONEY · 2 MIN
On the eve of Tuesday's vote, the American voter's wallet is at the center of the dispute. According to InfoMoney, the cost of living is the main issue for 48% of registered voters, ahead of all other topics found in the Reuters/Ipsos survey.
The midterm elections will define who controls Congress in the last two years of Donald Trump's term, a period in which the achievement of the government's agenda depends directly on the legislative majority. The survey surveyed 1,765 American adults, from Thursday to Monday, across the country, and has a margin of error of 3 percentage points for registered voters.
After the cost of living, democratic norms appear, cited as the main issue by 26% of voters, and immigration, with 13%. The survey shows an electorate concentrated on domestic income, although institutional and border issues remain relevant in voting decisions.
On the economic front, InfoMoney highlights that fuel prices in the United States have risen sharply since the start of the war between the US and Israel against Iran in February. For families and companies that depend on transport and logistics, this increase quickly reaches the budget, which helps to understand the weight of the cost of living in the answers.
For those who defend fiscal responsibility and lower taxes, Tuesday's result goes beyond American politics. It influences who will have the final say on the budget and taxes for the next two years, and the survey indicates that voters' central concern is precisely the cost of living.
What changes for the investor
For those who follow Nasdaq, interest rates and the dollar, the central point is the uncertainty about the composition of Congress after Tuesday's count, which could change expectations for the budget and taxation in the next two years. More expensive fuels and concerns about the cost of living also keep the issue of inflation on the interest rate radar, a factor that can influence both growth actions and the exchange rate. The research, however, does not provide market projections, and the reading of the scenario will depend on the results of the polls and how economic agents interpret it.
Automatically translated from Portuguese.
