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.

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

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

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

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

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

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

Policy

Fed’s Waller raises possibility of a rate cut by spring if inflation keeps slowing

The remarks on Tuesday suggested the Fed's outlook for interest rates may have decisively shifted in the past few months

By Christopher Rugaber, The Associated Press |November 28, 2023

4 min read

Policy

Federal Reserve minutes: Officials saw inflation slowing but will monitor data to ensure progress

Most economists say they think the central bank is done raising rates

By Christopher Rugaber, The Associated Press |November 21, 2023

2 min read

Economic Indicators

U.S. consumers keep spending in face of persistent inflation and high interest rates

While prices for many goods are falling, the price increases for services remain chronically high

By Christopher Rugaber, The Associated Press |October 27, 2023

3 min read

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