CHRISTOPHER RUGABER

CHRISTOPHER RUGABER

Washington, D.C.
Christopher Rugaber is an Associated Press Economics Writer.

Latest Articles

Economy

Inflation Cools in May in Sign That Price Pressures May Be Easing

Fed officials are scrutinizing each month’s inflation data to assess their progress in their fight against rising prices. Even as overall inflation moderates, necessities such as groceries, rent, and health care are much pricier than they were three years ago.

AP/Nam Y. Huh
Economy

Employers Add a Robust 272,000 Jobs in May Despite High Interest Rates

Last month’s sizable job gain suggests that the economy is growing steadily, propelled by consumer spending on travel, entertainment, and other areas of the service sector.

AP/Nam Y. Huh, file
Economy

Prices Rise 3.4 Percent in April, an Improvement From March, as Inflation Lingers Far Above Fed’s Target 

Elevated inflation readings are dimming hopes that the worst bout of inflation in four decades is being rapidly tamed.

AP/Carolyn Kaster
Economy

Fed’s Powell Downplays Potential for a Rate Hike Despite Higher Price Pressures

With price pressures still elevated, Mr. Powell and other Fed officials signal that no rate cut is likely anytime soon.

AP/Seth Wenig
Economy

Wholesale Prices Jump 2.2 Percent in April, Signaling Fed’s Difficulty in Taming Stubborn Inflation

Inflation is running above the central bank’s target of 2 percent, putting in doubt whether interest rates will be cut at all this year.

AP/Sean Rayford, file
Economy

Fed’s Preferred Inflation Gauge Rises 2.7 Percent, as Elevated Price Pressures Weigh on Biden’s Re-Election Bid

Prices for food, rent, gas, and other necessities are running roughly 20 percent to 30 percent higher than they were four years ago, souring many Americans on the economy.

AP/Nam Y. Huh
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