The Fed is close to "going too far" in raising rates, James Bullard said.
“My personal view, our administration’s view, the recession is so far in the distance you can’t see it,” said the White House economic advisor.
The probability of a U.S. recession within one year is almost 28 percent, the bank says.
She caused a stir when she hash-tagged her luxury items in a photo of her with Munchin on an official trip to Kentucky.