the rout of the presidential party is total, and no majority is presented. donald trump knew the big lie was a big lie. they used it also as a big shakedown. we can t allow people to decide that they are above the law and that they are more important than our constitutional processes. announcer: live from london, this is cnn newsroom with isa soares. welcome to the show, everyone. it is monday, june 20th, 9:00 a.m. here in london. and we ll begin with economic uncertainty as investors watch to see if the united states can tame historic inflation without, of course, triggering a recession. global markets have been in flux since the u.s. federal reserve hiked interest rates last week by the biggest amount since 1994. by 70 basis5 basis points, in f. station markets are left to trading. mixed day as you can see there. nikkei seeing the sharpest falls. if we have a look at the european markets, they ve been open about an hour or so doing slightly better, starting off
station markets are left to trading. mixed day as you can see there. nikkei seeing the sharpest falls. if we have a look at the european markets, they ve been open about an hour or so doing slightly better, starting off the week in the green. the ftse 100 up 4/10 of a percent. we ll keep an eye on those stock markets. well, despite fears of a coming economic hurricane by this c.e.o. of jpmorgan chase, members of the biden administration were out in full force over the weekend really trying to put americans at ease. here s what treasury secretary janet yellen had to say. have a listen. i expect the economy to slow. it s been growing at a very rapid rate as the economy, as the labor market has recovered and we have reached full employment. it s natural now that we expect to transition to steady and stable growth, but i don t think a recession is at all inevitable. well, amid the gathering