The economic jitters have turned on messaging from the Fed and other central banks that raising interest rates to rein in inflation will continue. pound now at its weakest since 1985: “Economic activity in Europe declined sharply in September, data showed Friday, raising the risk of recession as governments grapple with war-related disruptions.” Meanwhile, global indicators are flashing red, another WSJ report notes, with both stock and bond markets in turmoil and the U.K. The past two weeks have seen the Nasdaq’s biggest plunge since the month that pandemic lockdowns hit, per the WSJ. The Dow crashed 1.6% to close at its lowest level since the month Biden was elected. The economy: Fears of slowing economic growth and rising recession risks laid stock markets low Friday. “If you give me two more Democratic senators in the United States Senate, I promise you we’re going to codify Roe,” he reiterated. President JOE BIDEN highlighted abortion at a DNC event Friday in his response to House Republicans’ unveiling of their “Commitment to America” agenda, criticizing Republicans as extreme on the issue. Friday’s ruling prompted Planned Parenthood to stop providing abortions in the state, per the NYT. Now the conflicting laws on the books - and an expected appeal - leave the status of the procedure uncertain. The news “stands to be a potentially galvanizing force just ahead of November's midterm elections,” the Arizona Republic’s Stacey Barchenger and Ray Stern write. Her opinion upholding the old territorial law came just before a new 15-week ban, which Republicans passed earlier this year, goes into effect today. Abortion: Access to abortion in Arizona is now in flux after a judge ruled Friday that an almost-total 1864 ban (which predates Arizona’s existence as a state) must be enforced.
As both parties jockey to find messages that will drive turnout and change minds, developments Friday in four crucial areas indicated the various paths this year’s tight and uncertain midterms could follow. | Evan Vucci, File/AP Photo DRIVING THE DAYĮvery election hinges on a handful of key issues, some of them obvious only in retrospect.
President Joe Biden highlights abortion at a DNC event Friday in his response to House Republicans’ unveiling of their “Commitment to America” agenda.
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