Aug. 18, 2025, 4:58 p.m.

USA

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Republican hopefuls woo evangelicals in Iowa, vow to restrict abortion

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CLIVE, Iowa, April 22 (Reuters) - Donald Trump and other Republican presidential hopefuls called for restricting abortion at an event for evangelicals in Iowa on Saturday, courting the key conservative voting bloc in the state set to hold the party's first nominating contest in early 2024.

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Expectations of the Federal Reserve cutting interest rates have cooled down: The PPI "fire" has been burning continuously, and Jackson Hole has become the stage for hawks

Two weeks ago, US Treasury Secretary Janet Bessent was still making a high-profile prediction that the Federal Reserve would cut interest rates by 50 basis points in September and declared that the benchmark interest rate should be significantly reduced by 150 to 175 basis points.

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