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I'm Margaret Brennan in Washington,

and this week on Face the nation grim economic numbers prompt

new fears of a recession as President Biden makes a controversial trip to try and

help cut global energy prices.

Costs continue to soar with the price of food, energy, and housing all up from May.

Inflation is now up 9% year over year,

despite a strong jobs market and decreasing gas prices.

Wall Street and economic observers were shocked by the report, but those numbers came as no surprise to Americans finding it harder and harder to make ends meet

This was not the news the president needed on his mid-east trip where he was criticized by even some Democrats for meeting with the

Saudi crown prince Mohammed bin Salma. The CIA says MBS approved an operation

to capture or kill US-based writer Jamal Keshoji in 2018.

You're the rest of this conference, Mr President.

What do you talk about something matters?

I'm happy to ask the question of matters.

Will inflation go down from here Mr. President?

We'll devote most of our broadcast to the economy today.

Presidential Coordinator on Energy Security, Amos Hochstein, former head of the White House Council of Economic

Advisors Jason Furman and D.C. Mayor Muriel Bowser.

We'll also preview this week's prime time installment of the January 6 hearings with Republican

Congressman Adam Kinzinger, one of two committee members presenting new evidence

...