Economy Nov 10 Inflation runs hotter than expected as higher prices extend beyond the gas station By Christopher Rugaber, Associated Press
Economy Oct 29 Inflation heats up again, days before midterm elections Rising gas prices drove much of the inflation increase as renewed violence in the Middle East has kept oil prices above $100 a barrel, up from below $70 before the Iran war. But prices also rose outside of fuel costs. By Christopher Rugaber, Associated Press
Economy Oct 28 WATCH: Warsh holds briefing after Fed leaves key interest rate unchanged The Federal Reserve kept its key rate unchanged Wednesday at about 3.9% despite stubbornly high inflation, while providing little hint about the central bank’s next moves. By Christopher Rugaber, Associated Press
Economy Oct 27 5 things to watch for in this week's Federal Reserve meeting The Fed’s Oct. 27-28 meeting will be the fourth of Chairman Kevin Warsh’s tenure, which has been marked by questions regarding his independence from President Donald Trump, who appointed him earlier this year. By Chris Rugaber, Associated Press
Economy Oct 16 Fed chair Warsh says price stability is key but shies away from signals about rates Federal Reserve Chairman Kevin Warsh said Friday he won’t prejudge what the U.S. central bank will do about interest rates at its upcoming meetings in October and December. By Elaine Kurtenbach, Associated Press
Oct 15 How much longer will consumers be willing to muscle through higher prices? By Christopher Rugaber, Associated Press High gas prices are intensifying inflation and vacuuming up more of Americans' dollars, yet consumers are still digging deep to spend, powering the economy, at least for now… Continue reading
Oct 14 Lawyers for Federal Reserve's Lisa Cook say White House hearing set up by Trump is 'biased' By Christopher Rugaber, Associated Press Federal Reserve governor Lisa Cook's lawyers say that a committee set up by the White House last week to investigate an accusation against her is “demonstrably biased," though they did not close the door on the possibility that she would… Continue reading
Oct 09 Trump establishes committee to investigate Federal Reserve's Lisa Cook in latest effort to fire her By Christopher Rugaber, Associated Press The inquiry will include a hearing at the White House Nov. 5, President Donald Trump said in a written memo, that Cook “shall” attend to answer questions from the committee. Continue reading
Sep 30 No criminal wrongdoing in Federal Reserve building renovation, watchdog says, but it was mismanaged By Christopher Rugaber, Associated Press The Federal Reserve’s internal watchdog said Wednesday that the agency has broadly mismanaged an expansive building renovation project but did not find any criminal violations, as alleged by Trump administration prosecutors. Continue reading
Sep 20 Federal Reserve rate hike reflects new world of sticky inflation and faster growth By Christopher Rugaber, Associated Press The low interest-rate, low-inflation world that lasted for nearly 15 years after the Great Recession is over and a higher-priced, higher-rate world is taking its place. Continue reading