Christopher Rugaber, The Associated Press

Christopher Rugaber is a reporter with The Associated Press,  an American not-for-profit news agency headquartered in New York City and founded in 1846.

Fed’s Powell downplays potential for a rate hike despite higher price pressures

Economic Indicators

Fed’s Powell downplays potential for a rate hike despite higher price pressures

During a panel discussion, Powell said his confidence that inflation will ease "is not as high as it was"

By Christopher Rugaber, The Associated Press |May 14, 2024

3 min read

U.S. workers’ paycheques grew faster in first quarter

Economic Indicators

U.S. workers’ paycheques grew faster in first quarter

The trend could contribute to higher inflation, raise concerns at the Fed

By Christopher Rugaber, The Associated Press |April 30, 2024

2 min read

U.S. inflation gauge shows price pressures stayed elevated

Economic Indicators

U.S. inflation gauge shows price pressures stayed elevated

Many economists envision no rate cuts before September

By Christopher Rugaber, The Associated Press |April 26, 2024

4 min read

Fed’s Powell: Elevated inflation will likely delay rate cuts this year

Economic Indicators

Fed’s Powell: Elevated inflation will likely delay rate cuts this year

U.S. consumer inflation was most recently reported at 3.5%

By Christopher Rugaber, The Associated Press |April 16, 2024

2 min read

Federal Reserve’s preferred inflation gauge picked up last month

Economic Indicators

Federal Reserve’s preferred inflation gauge picked up last month

Excluding volatile food and energy costs, prices in U.S. rose 0.4% from December to January

By Christopher Rugaber, The Associated Press |February 29, 2024

5 min read

Inflation has slowed. Now the Fed faces expectations for rate cuts

Policy

Inflation has slowed. Now the Fed faces expectations for rate cuts

Most economists expect the first rate cut to occur in May or June

By Christopher Rugaber, The Associated Press |January 29, 2024

5 min read

Americans’ economic outlook brightens as inflation slows

Economic Indicators

Americans’ economic outlook brightens as inflation slows

A measure of consumer sentiment has jumped by the most since 1991

By Christopher Rugaber, The Associated Press |January 24, 2024

5 min read

U.S. consumer inflation eased as gas prices fell, though some costs kept surging

Economic Indicators

U.S. consumer inflation eased as gas prices fell, though some costs kept surging

The stickiness of inflation in the service sector will likely keep the Federal Reserve on guard

By Christopher Rugaber, The Associated Press |December 12, 2023

5 min read

Fed set to leave rates unchanged while facing speculation about cuts

Policy

Fed set to leave rates unchanged while facing speculation about cuts

Wednesday's rate announcement follows an inflation report on Tuesday

By Christopher Rugaber, The Associated Press |December 11, 2023

4 min read

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