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US midterms may put policy into gridlock

Nov 07, 2018 - Australian Financial Review

The most extreme result in the US midterm elections would be the Democrats taking control of both houses, a result that would probably shake up the currency markets.

The midterm elections in the United States are expected to result in a reduced Republican grip on power, with a Republican-controlled Senate and a Democrat-controlled House of Representatives the most likely result, according to polls.

A dip in Donald Trump's popularity is key to this view due to a historical tendency fo...