Christopher Rugaber

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Federal Reserve is set to cut key rate but consumers might not feel much benefit anytime soon

WASHINGTON (AP) — Federal Reserve officials on Wednesday will likely signal a slower pace of interest rate cuts next year compared with the past few months, which would mean that Americans might...

Trump says he’ll name Andrew Ferguson head of FTC and Kimberly Guilfoyle as ambassador to Greece

WASHINGTON (AP) — President-elect Donald Trump made another flurry of job announcements on Tuesday, selecting Andrew Ferguson as the next chair of the Federal Trade Commission, Ron Johnson was nominated to be...

Why Trump and the Federal Reserve could clash in the coming years

WASHINGTON (AP) — President-elect Donald Trump campaigned on the promise that his policies would reduce high borrowing costs and lighten the financial burden on American households.But what if, as many economists expect,...

US consumer price increases accelerated last month with inflation pressures resilient

WASHINGTON (AP) — Consumer price increases accelerated last month, the latest sign that inflation’s steady decline over the past two years has stalled in recent months. According to the Federal Reserve’s preferred...

Powell says Fed will likely cut rates cautiously given persistent inflation pressures

WASHINGTON (AP) — Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown...

US inflation rose slightly last month after 2 years of steady cooling

WASHINGTON (AP) — Inflation in the United States ticked up in October, driven by costlier rents, used cars and air fares, a sign that price increases might be leveling off after having...

Federal Reserve is set to cut interest rates again as post-election uncertainty grows

WASHINGTON (AP) — Federal Reserve officials are poised Thursday to reduce their key interest rate for a second straight time, responding to a steady slowdown of the inflation pressures that exasperated many...

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...

Christopher Rugaber

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