President Donald Trump spoke with members of the press after landing in Gastonia, North Carolina, on Wednesday. Trump was asked about the Federal Reserve's decision to raise interest rates. The president is in North Carolina to campaign for Senate hopeful Michael Whatley. The Federal Reserve raised its benchmark interest rate by a quarter-point, bringing the target range to 3.75% to 4.00%. The rate increase is expected to make borrowing more expensive for homes, vehicles, credit cards and other major purchases.
President Trump is expected to meet Gulf leaders on the sidelines of the UN General Assembly in New York next Tuesday to discuss the next steps in the war with Iran , three sources with direct knowledge tell Axios. Why it matters: The meeting is expected to focus on U.S. ideas for a postwar strategy as Trump and his senior team work on a day-after plan expected to be finalized after the midterms . What we're watching: Israeli Prime Minister Benjamin Netanyahu also wants to meet Trump in New York, but no meeting has been scheduled, an Israeli source said. Flashback: Last year, Trump met during the UN General Assembly with leaders from eight Arab and Muslim countries and presented them with his draft Gaza peace plan. - He presented it…
