CHRISTOPHER RUGABER
Latest Articles
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.
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.
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.’
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.
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.
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.
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