Christopher Rugaber

Stay informed with Christopher Rugaber’s coverage and analysis for Fortune.

Page 16 of 24

  • File – Federal Reserve Board Vice Chair for Supervision Michael Barr listens to participants at a hearing at the Federal Reserve building, Friday, Sept. 23, 2022, in Washington. (AP Photo/Manuel Balce Ceneta, File)Finance

    The top US financial regulator will testify that the government is ‘prepared to use all of our tools’ to keep depositors and the banking system safe

    By Christopher Rugaber and The Associated Press
  • Jerome Powell, chairman of the US Federal Reserve, during a House Financial Services Committee hearing in Washington, DC, US, on Wednesday, March 8, 2023. Powell reiterated the central bank might accelerate the pace of hikes and raise rates to a higher peak than previously expected amid signs of a stronger economy, while stressing that no decision has been made on the pace of Federal Reserve tightening. Photographer: Samuel Corum/Bloomberg via Getty ImagesFinance

    The Fed hikes rates by a quarter of a point as it calls the banking system ‘sound and resilient’

    By
  • Jerome PowellFinance

    Fed to make hotly anticipated rate hike decision for first time since Silicon Valley Bank implosion

    By Christopher Rugaber and The Associated Press
  • File – Federal Reserve chair Jerome Powell speaks during a news conference, Wednesday, Feb. 1, 2023, at the Federal Reserve Board in Washington. With inflation still high and anxieties gripping the banking industry, the Federal Reserve and its chair, Jerome Powell, will face a complicated task at their latest policy meeting Wednesday and in the months to follow: How to tame inflation by continuing to raise interest rates while also helping to restore faith in the financial system – all without triggering a severe recession. (AP Photo/Jacquelyn Martin, File)Finance

    The Fed is stuck between a rock and a hard place as high inflation and a banking meltdown demand opposite responses

    By
  • President Joe Biden speaks about the banking systemFinance

    Paying for the bank collapses: Is Biden’s response a bailout and will taxpayers foot the bill?

    By Christopher Rugaber and The Associated Press
  • Federal Reserve Building in Washington, DC.Finance

    Cash-strapped banks borrowed $300 billion from the Fed’s emergency funds over the past week amid the global financial turmoil

    By Christopher Rugaber and The Associated Press
  • Producer pricesFinance

    The price of eggs fell 36% in February alone as wholesale price inflation massively slowed

    By Christopher Rugaber and The Associated Press
  • Jerome PowellFinance

    ‘It’s inexplicable’: Critic rips Fed for missing SVB risk with Wall Street ‘publicly screaming about these very issues for many, many months’

    By Christopher Rugaber, Fatima Hussein, and others
  • Jerome PowellFinance

    Is inflation slowing down or speeding up? Both.

    By Christopher Rugaber and The Associated Press
  • A worker organizes items at a Walmart Supercenter in North Bergen, N.J., on Thursday, Feb. 9, 2023. On Tuesday, the Labor Department reports on U.S. consumer prices for February. (AP Photo/Eduardo Munoz Alvarez)Finance

    Why the Fed may not raise interest rates even if inflation stays high

    By Christopher Rugaber and The Associated Press
  • Customers in line outside Silicon Valley Bank headquarters in Santa Clara, California, US, on Monday, March 13, 2023. The collapse of Silicon Valley Bank has prompted a global reckoning at venture capital and private equity firms, which found themselves suddenly exposed all together to the tech industry’s money machine. Photographer: David Paul Morris/Bloomberg via Getty ImagesFinance

    Federal Reserve promises a ‘careful and thorough’ review of how it supervised failed Silicon Valley Bank: ‘We need to have humility’

    By Ken Sweet, Christopher Rugaber, and others
  • Joe BidenFinance

    Biden says financial system is safe but all seized banks’ management should get sacked and tougher rules are needed

    By Ken Sweet, Christopher Rugaber, and others
  • Signature BankFinance

    Government takes extraordinary steps to ward off banking crisis as 3rd-largest bank failure quickly follows SVB implosion

    By Ken Sweet, Christopher Rugaber, and others
  • Now hiringFinance

    Economy adds fewer jobs in February than January blowout and unemployment ticks up, but pressure remains piled on Powell and Fed

    By Christopher Rugaber and The Associated Press
  • Federal Reserve Chairman Jerome Powell testifies during a Senate Banking Committee hearing on Capitol Hill in Washington, Tuesday, March 7, 2023. (AP Photo/Andrew Harnik)Finance

    Jerome Powell says the Fed hasn’t chosen the size of the next interest rate hike after rampant speculation: ‘No decision has been made on this’

    By Christopher Rugaber and The Associated Press