Christopher Rugaber

Stay informed with Christopher Rugaber’s coverage and analysis.

Page 18 of 24

  • File – Federal Reserve chairman Jerome Powell speaks during a news conference, Wednesday, Feb. 1, 2023, at the Federal Reserve Board in Washington. On Wednesday, the Federal Reserve releases minutes from its February meeting when it raised its benchmark lending rate by 25 basis points. (AP Photo/Jacquelyn Martin, File)Finance

    Fed policymakers were nearly unanimous about a 25 basis points rate hike just weeks ago. But the inflation picture has become a lot more daunting

    By Christopher Rugaber and The Associated Press
  • Federal ReserveFinance

    Top Fed official waves off blowout jobs and retail sales reports: ‘I’m not taking as much signal from the data that we’ve gotten recently’

    By Christopher Rugaber and The Associated Press
  • A shopper carries bags at the Fashion Valley shopping mall in San Diego, California, U.S., on Friday, Oct. 22, 2021. A supply-chain crunch that stretches from overseas manufacturers into American ports and retail stores threatens the American holiday shopping season. Photographer: Bing Guan/Bloomberg via Getty ImagesRetail

    ‘Goldilocks’ consumers may be helping the economy stabilize with spending that’s neither too hot nor too cold

    By Christopher Rugaber, Anne D'Innocenzio, and others
  • Retail salesFinance

    What inflation? American shoppers boost retail spending to fastest pace in nearly 2 years.

    By Christopher Rugaber and The Associated Press
  • Lael BrainardFinance

    Biden names Fed Vice Chair Lael Brainard as new head of National Economic Council

    By Christopher Rugaber, Josh Boak, and others
  • NEW YORK, NEW YORK – FEBRUARY 01: A man walks past a grocery store on February 01, 2023 in New York City. Wages for workers in most major U.S. cities grew at a slower pace in the final three months of 2022, with inflation still outstripping pay for many workers. (Photo by Leonardo Munoz/VIEWpress)Personal Finance

    Inflation remains stubborn and it could put even more pressure on the Fed to get prices down

    By The Associated Press and Christopher Rugaber
  • U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on Feb. 1, 2023. The U.S. Federal Reserve on Wednesday implemented its first rate hike in the new year. The central bank hiked rates by a quarter percentage point, marking the eighth time the Fed has raised rates since it began tightening in March last year. (Photo by Liu Jie/Xinhua via Getty Images)Finance

    Fed Chief Powell says ‘we’re in the very early stages of disinflation,’ but warns that strong hiring risks ruining it

    By Christopher Rugaber and The Associated Press
  • A construction worker pauses at a building site, Thursday, Jan. 26, 2023, in Boston.Success

    The latest jobs report is an all-time head scratcher and it could be showing us how the pandemic has permanently changed the labor market

    By Christopher Rugaber and The Associated Press
  • Jerome PowellFinance

    Markets rally on dovish Powell remarks as he thinks ‘the disinflationary process has started’

    By Christopher Rugaber and The Associated Press
  • Jerome PowellFinance

    The Fed raises interest rates by one quarter of a percentage point and says there’s more to come

    By The Associated Press and Christopher Rugaber
  • FILE – Federal Reserve Chair Jerome Powell speaks during a news conference Wednesday, Dec. 14, 2022, at the Federal Reserve Board Building, in Washington, as an aides hand reflects under the podium. On Wednesday, the Federal Reserve closes its two-day meeting where economists expect the central bank to raise its benchmark rate by a quarter of a point as its battle against four-decade high inflation extends into 2023.(AP Photo/Jacquelyn Martin, File)Finance

    Fed chair Powell expected to caution investors hoping for interest rate easing that bank’s inflation fight is far from over

    By Christopher Rugaber and The Associated Press
  • Worker at deskFinance

    Your raise is shrinking

    By Christopher Rugaber and The Associated Press
  • A new Jeep is delivered to a dealership in Pittsburgh on Monday, Jan. 23, 2023.Finance

    Americans are spending less and it’s cooling down the economy just as the Fed intended

    By Christopher Rugaber and The Associated Press
  • Lael BrainardFinance

    The Fed’s vice chair says there may be ‘some reassurance that we are not currently experiencing a 1970s-style wage–price spiral’

    By Christopher Rugaber and The Associated Press
  • Fed policymaker Loretta Mester.Finance

    One of the Fed’s most consistent hawks thinks that interest rate hikes are working in the battle against inflation

    By Christopher Rugaber and The Associated Press