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already-devastating flooding. and, is taiwan on the itinerary? it s still a mystery as house speaker pelosi leaves for asia. putin makes his move. the kremlin s counter offer to bring brittney griner and paul whelan back home. live from cnn center, this is cnn newsroom, with kim brunhuber. we begin with the humanitarian tragedy in the u.s. president biden has issued a major disaster declaration for the state of kentucky, as catastrophic flooding has killed at least 16 people, including six children. and that death toll is expected to rise. the raging waters decimated entire neighborhoods. scores of people are still missing. the kentucky governor andy beshear say it s hard to get a fix on the exact number since cell service is out this many areas, and he added that the state has never seen anything like this. here he is. there are still so many areas we still can t get to. the water hasn t crested in some parts of eastern kentucky. so we can t even get into s ....
Jerome powell had this to say. i do not think the u.s. is currently in a recession. and the reason is, there are just too many areas of the economy that are performing, you know, too well. and of course i would point to the labor market in particular. as i mentioned, it s true that growth is slowing, for reasons that we understand. really, the growth was extraordinarily high last year, 5.5%. we would have expected growth to slow. meanwhile, the fed s preferred inflation measure just hit a 40-year high as americans grow tired of the high cost for everything from gas to food. and recession fears in europe after the economy posted growth in the second quarter. it grew by .7 of a percent, but it s not all rosie. eurozone inflation rose, a new record. and germany is flat lining. ....
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