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.

Higher gas and rents keep U.S. inflation elevated

Figures from March will likely delay Fed rate cuts

By Christopher Rugaber, The Associated Press |April 10, 2024

4 min read

Powell: Fed still on track to cut rates

Says recent data showing signs of persistent inflation don’t materially change the overall picture

By Christopher Rugaber, The Associated Press |April 3, 2024

4 min read

Fed foresees three rate cuts this year but fewer cuts in 2025

Officials kept their benchmark rate unchanged for a fifth straight time, slightly raised inflation forecasts

By Christopher Rugaber, The Associated Press |March 20, 2024

4 min read

Fed likely to preach patience as markets look ahead to rate cuts

Federal Reserve officials are expected to play it safe when they meet this week

By Christopher Rugaber, The Associated Press |March 18, 2024

4 min read

U.S. inflation up again in February

Prices rose 0.4% from January to February, higher than the previous month’s figure of 0.3%

By Christopher Rugaber, The Associated Press |March 12, 2024

5 min read

Fed to reconsider proposed regulatory changes

Big banks say the so-called Basel III endgame changes would limit their ability to lend

By Christopher Rugaber, The Associated Press |March 7, 2024

2 min read

Federal Reserve: Rate cuts likely this year

But more evidence is needed that U.S. inflation is tamed

By Christopher Rugaber, The Associated Press |March 6, 2024

4 min read

U.S. defies recession expectations

Americans have continued to consume at a solid rate

By Stan Choe, The Associated Press  and  Christopher Rugaber, The Associated Press |February 15, 2024

5 min read

U.S. inflation slows but remains elevated as price pressures are easing only gradually

The consumer price index rose 0.3% from December to January and 3.1% from a year ago

By Christopher Rugaber, The Associated Press |February 13, 2024

5 min read