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In-person early voting for the US midterm elections begins Friday, six weeks ahead of the final November 3 vote, which will determine whether Republicans will maintain their majority in the US House and Senate. Some of the main issues American voters are deciding on are how to navigate the cost-of-living crisis, the war in Iran and President Donald Trump’s aggressive immigration enforcement campaign.
US equity futures fall as leaders of the biggest AI firms propose slowing the technology’s development. China criticizing the warnings saying a Chinese advantage could threaten American national security. Oil prices rising after Saudi Arabia closed a major crude pipeline following attacks. Amy Wu Silverman of RBC Capital Markets joins "Bloomberg Brief" to look ahead to the Fed decision after the inflation report. Bloomberg Contributor Adam Hodge of Bully Pulpit International discusses what to expect from the US midterm elections. (Source: Bloomberg)
The president added the US is not looking to restart negotiations with Iran after the failure of previous ceasefires.
President Donald Trump on Wednesday predicted that the war with Iran will end “immediately after” the US midterm elections in November because Tehran was trying to influence the vote but would not be able to hold out more in the face of US economic pressure. “I think war is going to end immediately after the election because they can’t hold out any longer. They’re desperate to try and affect the election,” he told reporters before departing for the Republican National Convention in...