Inflation Worsens in January, Highlighting Challenge for Trump, With Cost of Groceries and Gasoline Rising
The trend will likely strengthen the Federal Reserve’s resolve to delay any further interest rate cuts.
By CHRISTOPHER RUGABER
||Economy
CHRISTOPHER RUGABER
Washington, D.C.
Christopher Rugaber is an Associated Press Economics Writer.
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Federal Reserve Set To Cut Rates Again Despite Hazy Post-Election Outlook
Mr. Powell will likely field questions at his news conference Thursday about the presidential race and how it might affect the economy and inflation.
By CHRISTOPHER RUGABER
||Economy
‘The Soft Landing That Many of Us Dreamed of’: Inflation in September Rises at Near Pre-Pandemic Levels
Prices rose just 2.1 percent in September from a year earlier, down from a 2.3 percent rise in August.
By CHRISTOPHER RUGABER
||Economy
Inflation Rises 2.4 Percent in September, the Lowest Annual Pace Since February 2021, as Fed Weighs Pace of Interest Rate Cuts
Core prices, which typically provide a better hint of future inflation, are up 3.3 percent from a year earlier.
By CHRISTOPHER RUGABER
||Economy
Federal Reserve Cuts Key Rate by Sizable Half-Point, Signaling End to its Inflation Fight
Coming just weeks before the election, the Fed’s move has the potential to scramble the economic landscape just as Americans prepare to vote.
By CHRISTOPHER RUGABER
||Economy
Inflation Up 2.5 Percent in August Over 2023, a Post-Pandemic Low, as Federal Reserve Readies Rate Cut
Cooling inflation is providing some relief to America’s consumers, even as its cumulative impact is reflected in stubbornly higher prices for everyday staples.
By CHRISTOPHER RUGABER
||Economy
Sluggish Jobs Report Clears Way for Federal Reserve To Cut Interest Rates
‘The labor market is weakening,’ an economist says. ‘It is not falling apart, but it is weakening.’
By CHRISTOPHER RUGABER
||Economy
Politically Fraught Question Emerges for the Federal Reserve: Whether To Cut Interest Rates Ahead of Election
Central bank appears to be moving toward a cut in September, which could help Vice President Harris, while President Trump urges delay until November.
By CHRISTOPHER RUGABER
||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.
By CHRISTOPHER RUGABER
||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.
By CHRISTOPHER RUGABER
||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.
By CHRISTOPHER RUGABER
||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.
By CHRISTOPHER RUGABER
||Economy