Christopher Rugaber – Page 4

Director of the National Economic Council Kevin Hassett does a television interview at the White House, Wednesday, Dec. 10, 2025, in Washington. (AP Photo/Alex Brandon)

Kevin Hassett says Federal Reserve can reject Trump’s views if he is chair

December 14, 2025 at 5:55 p.m.

A leading candidate to be President Donald Trump’s choice for Federal Reserve chair said that he would present the president’s views to Fed officials for their consideration but they could...

FILE – A seal is seen before Federal Reserve Chairman Jerome Powell walks out to speak during a news conference following the Federal Open Market Committee meeting, Sept. 17, 2025, at the Federal Reserve Board Building in Washington. (AP Photo/Jacquelyn Martin, File)

Federal Reserve likely to lower borrowing costs this week, but follow-up rate cuts face longer odds

December 9, 2025 at 11:23 a.m.

The Federal Reserve faces an unusually contentious meeting this week that will test Chair Jerome Powell’s ability to corral the necessary support from fellow policymakers for a third straight interest...

The U.S. Capitol, Friday, Nov. 14, 2025, in Washington. (AP Photo/Mariam Zuhaib)

Government will release September jobs report next week, ending data drought from federal shutdown

November 14, 2025 at 4:26 p.m.

The Labor Department will release its numbers on September hiring and unemployment next Thursday, a month and a half late.

FILE – In this image taken from video, Atlanta Federal Reserve Bank President Raphael Bostic speaks from Atlanta during a webinar sponsored by the 12 regional Fed banks to address the lack of racial disparity in the field of economics, April 13, 2021. (AP Photo/File)

2 Federal Reserve officials oppose an interest rate cut in December

November 12, 2025 at 6:05 p.m.

The officials cited several reasons for keeping rates unchanged, after a reduction in September and in October.

Miniature American flags flutter in wind gusts across the National Mall near the Capitol in Washington, Monday, Nov. 10, 2025. (AP Photo/J. Scott Applewhite)

Shutdown leaves a mark on an already-struggling economy, from lost paychecks to canceled flights

November 12, 2025 at 8:30 a.m.

The longest federal government shutdown in U.S. history appears to be nearing an end, but not without leaving a mark on an already-struggling economy.

A woman looks at shoes at a Sam’s Club, Wednesday, Sept. 24, 2025, in Bentonville, Ark. (AP Photo/Charlie Riedel)

Federal Reserve cuts key rate as government shutdown clouds economic outlook

October 29, 2025 at 2:01 p.m.

The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring even as inflation stays elevated.

A worker stocks a display of clothing at a Sam’s Club, Wednesday, Sept. 24, 2025, in Bentonville, Ark. (AP Photo/Charlie Riedel)

US inflation stays elevated but prices rose less than feared last month

October 24, 2025 at 9:20 a.m.

U.S. inflation remained elevated last month as gas prices jumped while the cost of rents cooled.

A hiring sign is displayed at a post office in Schaumburg, Ill., Thursday, Sept. 18, 2025. (AP Photo/Nam Y. Huh)

Lack of jobs data due to government shutdown muddies view of hiring and the US economy

October 3, 2025 at 1:25 p.m.

From Wall Street trading floors to the Federal Reserve to economists sipping coffee in their home offices, the first Friday morning of the month typically brings a quiet hush around...

The U.S. Capitol is seen, Thursday, Oct. 2, 2025, in Washington. (AP Photo/Mariam Zuhaib)

Federal shutdowns usually don’t do much economic damage. But there are reasons to worry about this one.

October 2, 2025 at 9:45 p.m.

For now, financial markets are shrugging off the impasse as just the latest failure of Republicans and Democrats to agree on a budget.

FILE – Federal Reserve Board of Governors member Lisa Cook listens during an open meeting of the Board of Governors at the Federal Reserve, June 25, 2025, in Washington. (AP Photo/Mark Schiefelbein, File)

Appeals court rejects Trump’s bid to unseat Federal Reserve governor Lisa Cook ahead of rate vote

September 15, 2025 at 7:34 p.m.

An appeals court ruled Monday that Lisa Cook can remain a Federal Reserve governor, rebuffing President Donald Trump’s efforts to remove her just ahead of a key vote on interest...

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