Christopher Rugaber

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

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  • Jerome PowellFinance

    Powell warns of ‘long way to go’ before Fed can maybe cut interest rates

    By Christopher Rugaber and The Associated Press
  • Trump, PowellEconomy

    Jerome Powell had a surprise visit from Trump. He’s poised to leave interest rates unchanged anyway

    By Christopher Rugaber and The Associated Press
  • FILE – The sculpture of an eagle looks out from behind protective construction wrapping on the facade as the Federal Reserve Board Building undergoes both interior and exterior renovations, in Washington, Monday, Oct. 23, 2023. (AP Photo/J. Scott Applewhite, File)Politics

    The Fed’s architects wanted glass in the HQ renovation, but Trump appointees to a local commission pushed for marble

    By Christopher Rugaber, Josh Boak, and others
  • Federal Reserve Board Chairman Jerome Powell listens during a hearing of the House Committee on Financial Services on Capitol Hill, Tuesday, June 24, 2025, in Washington. (AP Photo/Mark Schiefelbein)Economy

    Fed board member and possible Powell replacement says bank should cut rate this month because growth is slowing ‘significantly’

    By Christopher Rugaber and The Associated Press
  • Jerome Powell, chairman of the US Federal ReservePolitics

    Here’s why Trump is focusing on an office renovation to target Jerome Powell when he’s really upset about (lack of) rate cuts

    By Christopher Rugaber and The Associated Press
  • ShoppersFinance

    Inflation hits highest level since February as toll of tariffs begins to appear

    By Christopher Rugaber and The Associated Press
  • Jerome PowellFinance

    Powell asks inspector general to review $2.5 billion cost of Federal Reserve renovation

    By Christopher Rugaber and The Associated Press
  • MOUNTAIN VIEW, CALIFORNIA – NOVEMBER 29: People shop during the Friday shopping rush at a Walmart in Mountain View, California, United States on November 29, 2024. (Photo by Tayfun Coskun/Anadolu via Getty Images)Economy

    Fortune 500 giants Nike and Walmart are warning of upcoming price hikes, but tariff-wary Americans are already pulling back on spending

    By Christopher Rugaber and The Associated Press
  • Michelle Bowman, incoming vice chair for supervision at the US Federal Reserve, left, and Jonathan McKernan, under secretary of the Treasury for domestic finance nominee for US President Donald Trump, during a Psaros Center for Financial Markets and Policy event at Georgetown University in Washington, DC, US, on Friday, June 6, 2025. Bowman says the central bank will soon address the “odd mismatch” between the confidential ratings of big banks and the lenders’ financial conditions. Photographer: Graeme Sloan/Bloomberg via Getty ImagesEconomy

    Federal Reserve governor Michelle Bowman says bank should consider cutting rate in July because tariff effects may be smaller than expected

    By Christopher Rugaber and The Associated Press
  • Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the Federal Reserve in Washington, Wednesday, June 18, 2025. (AP Photo/Mark Schiefelbein)Politics

    Trump calls Fed chair Powell ‘stupid’ and ‘political’ after latest decision not to cut rates: ‘We have no inflation, we have only success’

    By Christopher Rugaber and The Associated Press
  • Target shopping carts in a rowRetail

    Retail CEO says orders from big-box stores are down 40% because they have no idea how shoppers are going to react to price hikes

    By Christopher Rugaber, Anne D'Innocenzio, and others
  • Jerome Powell, chairman of the US Federal Reserve, speaks with attendees at the Thomas Laubach Research Conference in Washington, DC, US, on Thursday, May 15, 2025Economy

    Trump hiring freeze threatens key economic data as the Fed zeroes in on inflation

    By Christopher Rugaber and The Associated Press
  • Trump speaks in the Oval OfficePolitics

    A little-known federal court threw a giant monkey wrench into Trump’s tariff plans. Here’s everything you need to know about the Court of International Trade

    By Christopher Rugaber and The Associated Press
  • MIAMI, FLORIDA – MAY 06: An aerial view as Ford vehicles are lined up on the sales lot of the Metro Ford dealership on May 06, 2025 in Miami, Florida. Ford Motor Co. pulled its 2025 guidance and said it expects a tariff hit of about $1.5 billion for the year as U.S. automakers face economic uncertainty. (Photo by Joe Raedle/Getty Images)Retail

    Americans rushed to splurge before Trump’s tariffs kicked in—but the shopping spree may be coming to an end

    By Christopher Rugaber, Anne D'Innocenzio, and others
  • Richmond Fed President Tom BarkinEconomy

    Richmond Fed president says it’s not yet clear when the central bank should cut rates. ‘It’s really hard to drive when it’s foggy’

    By Christopher Rugaber and The Associated Press