Raspberry and Cream Cheese Coffee Cake - Chew Nibble Nosh

Ingredients

• 1 8 oz. package reduced fat cream cheese, softened
• 1/2 cup butter
• 1 3/4 cups all-purpose flour
• 1 cup sugar
• 2 eggs
• 1/4 cup milk
• 1 tsp. baking powder
• 1/2 tsp. baking soda
• 1/2 tsp. vanilla
• 1/2 – 2/3 cup red raspberry preserves
• powdered sugar