Christopher Rugaber

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Federal Reserve is set to cut rates again while facing a hazy post-election outlook

WASHINGTON (AP) — No one knows how Tuesday’s presidential election will turn out, but the Federal Reserve’s move two days later is much easier to predict: With inflation continuing to cool, the...

US inflation likely fell further last month as Fed prepares to cut rates next week

WASHINGTON (AP) — The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates...

Americans’ inflation-adjusted incomes rebounded to pre-pandemic levels last year

WASHINGTON (AP) — The inflation-adjusted median income of U.S. households rebounded last year to roughly its 2019 level, overcoming the biggest price spike in four decades to restore most Americans’ purchasing power.The...

Jobs report will help Federal Reserve decide how much to cut interest rates

WASHINGTON (AP) — Hiring by America’s employers picked up a bit in August from July’s tepid pace, and the unemployment rate dipped for the first time since March in a sign that...

How fast will interest rates fall? Fed Chair Powell may provide clues in high-profile speech

JACKSON, Wyoming (AP) — With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest rate from its current 23-year high, Chair Jerome...

Powell may use Jackson Hole speech to hint at how fast and how far the Fed could cut rates

WASHINGTON (AP) — Federal Reserve officials have said they’re increasingly confident that they’ve nearly tamed inflation. Now, it’s the health of the job market that’s starting to draw their concern. With inflation...

What is ‘price gouging’ and why is VP Harris proposing to ban it?

With inflation and high grocery prices still frustrating many voters, Vice President Kamala Harris on Friday proposed a ban on “price gouging” by food suppliers and grocery stores, as part of a...

Christopher Rugaber

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