Another rate hike is expected today as the economy teeters on a recession. While the Federal Reserve is attempting to reduce June's 9.1% consumer price increase, a potential report on Thursday showing a second straight quarter of economic decline is leading to growing concerns that the rate hikes could slow the economy too much. Chief Economist at Moody's Analytics Mark Zandi joins the Rundown to discuss the state of the economy, concerns over consumer spending, and why he doesn't believe the United States is currently in a recession. There was bipartisan concern in a Tuesday Senate committee hearing, where lawmakers discussed the sharp rise in American overdose deaths due to fentanyl, which a 2021 CDC report cited that the synthetic opioid was responsible for two out of every three overdose deaths that year. Former Drug Enforcement Agency Agent in charge of Special Operations Division, Derek Maltz joins the podcast to explain how the digital world has given cartels a stronger trafficking network, how both China and Mexico are responsible for the flow of Fentanyl into the U.S., and how this issue relates back to America’s overwhelmed and underfunded law enforcement at the southern border. Plus, commentary by member of former President Trump's economic recovery task force, Stephen Moore. Learn more about your ad choices. Visit megaphone.fm/adchoices