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Christopher Rugaber

Stay informed with Christopher Rugaber’s coverage and analysis.

Jerome Powell
Finance
Fed slaps down rate-cut hopes despite cool inflation report: ‘We’ll need to see more good data’
By Christopher Rugaber and The Associated PressJune 12, 2024
Fed Chair Jerome Powell
Finance
One of the Fed’s favorite inflation indicators finally shows signs of easing price pressures
By Christopher Rugaber and The Associated PressMay 31, 2024
Inflation’s persistence is killing hope for a Fed rate cut in 2024: ‘This is about stuff that happened in 2021. You cannot go back and change that’
Politics
Inflation’s persistence is killing hope for a Fed rate cut in 2024: ‘This is about stuff that happened in 2021. You cannot go back and change that’
By Christopher Rugaber and The Associated PressMay 29, 2024
Jerome Powell
Finance
Jerome Powell’s Fed is beginning to think its interest rate hikes ‘may be having smaller effects than in the past’
By Christopher Rugaber and The Associated PressMay 22, 2024
Jerome Powell during a meeting in Washington DC.
Finance
Inflation cools in April after 3 straight hot readings
By Christopher Rugaber and The Associated PressMay 15, 2024
Jerome Powell
Finance
Jerome Powell says it’s ‘different this time’—and Americans and their mortgage rates are a key reason why
By Christopher Rugaber and The Associated PressMay 14, 2024
Fed Chair Jerome Powell
Finance
Inflation just won’t quit as wholesale prices rise at the fastest rate in a year
By Christopher Rugaber, The Associated Press and Irina IvanovaMay 14, 2024
For Fed president it’s ’just too early to think’ about cutting as economists ask if U.S. interest rates are high enough to beat inflation
Finance
For Fed president it’s ’just too early to think’ about cutting as economists ask if U.S. interest rates are high enough to beat inflation
By Christopher Rugaber and The Associated PressMay 13, 2024
shopper passes a display of televisions
Finance
Inflation and unemployment fears send consumer sentiment tumbling to a 6-month low, adding to red flags from Starbucks, McDonald’s
By Christopher Rugaber and The Associated PressMay 10, 2024
Federal Reserve says ‘lack of further progress’ on inflation will keep interest rates at 2-decade highs
Finance
Federal Reserve says ‘lack of further progress’ on inflation will keep interest rates at 2-decade highs
By Christopher Rugaber and The Associated PressMay 1, 2024
How the baby boomer ‘wealth effect’ is driving inflation: it’s ‘the richest retiring generation we’ve ever had’
Personal Finance
How the baby boomer ‘wealth effect’ is driving inflation: it’s ‘the richest retiring generation we’ve ever had’
By Christopher Rugaber and The Associated PressApril 29, 2024
Fed’s favorite inflation gauge accelerated in March, spelling trouble for rate cuts—and Biden’s re-election bid
Finance
Fed’s favorite inflation gauge accelerated in March, spelling trouble for rate cuts—and Biden’s re-election bid
By Christopher Rugaber and The Associated PressApril 26, 2024
Jerome Powell
Finance
Powell threatens to keep interest rates high ‘as long as needed’ as recent data show it’s ‘likely to take longer than expected’ for inflation to fall
By Christopher Rugaber and The Associated PressApril 17, 2024
Philip Jefferson, vice chair of the Federal Reserve
Finance
Another top Fed official warns of higher-for-longer interest rates: ‘Sustainably restoring 2% inflation is not yet done’
By Christopher Rugaber and The Associated PressApril 16, 2024
Female shopper in frozen aisle
Finance
Consumers are getting more pessimistic as inflation refuses to fall
By Christopher Rugaber and The Associated PressApril 12, 2024
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Success
Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of livingplaceholder alt text
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