Commerce Secretary Gina Raimondo expressed empathy about the inflation concerns of everyday Americans during an appearance on NBC’s “Meet the Press,” but maintained that the U.S. economy is fundamentally strong.
Why it matters: Decades-high inflation has spurred fears of an economic downturn, with some analysts warning that fear of a recession could become a self-fulfilling prophecy, Axios’ Javier E. David writes.
- Despite persistent fears of an…
