The Washington Examiner’s Sarah Bedford suggested that it is too late for President Joe Biden to change voters’ opinions on the economy.

Bedford appeared Friday on Fox Business’s Cavuto: Coast to Coast amid polling that found most people believe the country is undergoing a recession. Notably, Biden’s 2024 opponent, former President Donald Trump, has polled better on questions surrounding the economy, as voters view his policies better than his successor’s.

“I think it’s tough at this point to shake voters’ perception of the economy as bad,” Bedford said of the polls. “If you’ve been struggling to pay for your groceries, your gas, if you’ve been saving up for your house and just can’t get there with interest rates, one [interest rate] cut with four months left to go is just not going to change your perception all that much. I think most people are set on the way they view the economy, and that’s Joe Biden’s big problem because he can’t message his way out of those concerns with voters.”

This comes after the Federal Reserve announced it would keep its rate target at 5.25% to 5.50%. Officials now expect only a single rate cut for the entire year.

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The Federal Reserve notably did not raise interest rates in 2021. Now it is on its seventh consecutive month without lowering rates.

Inflation fell by 0.2% in May and decreased to 2.2% for the year ending in that month.