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Christopher Rugaber

Stay informed with Christopher Rugaber’s coverage and analysis.

Jerome Powell
FinanceThe top 10% of U.S. households are $28 trillion richer since 2020—and economists are slowly waking up to the spending revolution
By Christopher Rugaber, Anne D'Innocenzio and The Associated PressOctober 30, 2023
Woman shopping in a Target store pushing a red cart
FinanceThe Fed’s favorite inflation gauge hasn’t changed in two months, indicating a long slog ahead for the economy
By Christopher Rugaber and The Associated PressOctober 27, 2023
Jerome Powell at a press conference.
FinanceU.S. economy glows red hot with a 4.9% GDP reading for the third quarter
By Christopher Rugaber and The Associated PressOctober 26, 2023
Jerome Powell
FinanceJerome Powell doesn’t sound convinced on inflation: ‘A few months of good data are only the beginning of what it will take’
By Christopher Rugaber and The Associated PressOctober 19, 2023
The massive inflation of housing and the stock market has made the average American household worth $193,000, Federal Reserve finds
FinanceThe massive inflation of housing and the stock market has made the average American household worth $193,000, Federal Reserve finds
By Christopher Rugaber and The Associated PressOctober 18, 2023
Shopper
FinanceInflation barely budged in September—but it’s still a ways off from the Fed’s magic 2% target
By Christopher Rugaber and The Associated PressOctober 12, 2023
Philip Jefferson, vice chair of the Federal Reserve
LeadershipFed may leave interest rates untouched at next meeting because surging bond yields are doing the bank’s work for it, two officials say
By Christopher Rugaber and The Associated PressOctober 10, 2023
Joe Biden
FinanceEconomy roars with stronger than expected 336,000 jobs added in September
By Christopher Rugaber and The Associated PressOctober 6, 2023
Jerome Powell
FinanceThe greatest threat to the Fed’s ‘soft landing’ is actually the Fed. It’s ‘higher for longer’ interest rates are driving up bond yields and cracking the economy
By Christopher Rugaber and The Associated PressOctober 5, 2023
Jerome Powell, Kevin Schreiber
FinanceJerome Powell gets an earful on the ground from small business owners, including the head of Sweet Mama’s Mambo Sauce
By Christopher Rugaber and The Associated PressOctober 3, 2023
Jerome Powell
FinanceInflation, still a ways off from the Fed’s 2% target, is barely budging as one economist sees a ‘golden path’ developing
By Christopher Rugaber, Will Daniel and The Associated PressSeptember 29, 2023
Crowds of people move through parts of the newly renovated Penn Station
FinanceHow the U.S. job market defied rising interest rates and predictions of high unemployment
By Christopher Rugaber and The Associated PressSeptember 25, 2023
Fed leaves interest rates unchanged in its inflation fight. But stay tuned for a possible increase later this year as oil prices soar
FinanceFed leaves interest rates unchanged in its inflation fight. But stay tuned for a possible increase later this year as oil prices soar
By Christopher Rugaber and The Associated PressSeptember 20, 2023
Joe Biden
FinanceThere was another hot inflation read in August—wholesale prices surging 1.6%
By Christopher Rugaber and The Associated PressSeptember 14, 2023
Gas prices on display at a petrol station in La Puente.
FinanceGas prices fuel jump in U.S. inflation
By Christopher Rugaber and The Associated PressSeptember 13, 2023
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