WH Downplays Recession Fears as People Feel it

Published: July 27, 2022, 8:38 p.m.

b'As Americans struggle with high inflation, the White House and the Federal Reserve is getting a better idea of how the economy is doing this week with a series of reports coming out. CNN Political Director David Chalian explains why the Fed raised interest rates again and what that could mean about a possible recession. Regardless, Americans don\\u2019t feel too hot about the economy and even members of Biden\\u2019s own party don\\u2019t think he should run again in 2024.\\nTo learn more about how CNN protects listener privacy, visit cnn.com/privacy\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'