Christopher Rugaber

September 21, 2022 | Daily Business Review

Increasing short-term rates would make a recession likelier next year by sharply raising the costs of mortgages, car loans and business loans.

By Christopher Rugaber

6 minute read

September 14, 2022 | Daily Business Review

Some of the longtime drivers of higher inflation — spiking gas prices, supply chain snarls, soaring used-car prices — are fading. Yet underlying measures of inflation are actually worsening.

By Christopher Rugaber

6 minute read

August 10, 2022 | Daily Business Review

President Joe Biden has pointed to declining gas prices as a sign that his policies are helping lessen the higher costs that have hurt household finances.

By Christopher Rugaber

6 minute read

July 25, 2022 | Daily Business Review

"We've got a very strong labor market," Treasury Secretary Janet Yellen said. "This is not an economy that's in recession."

By Christopher Rugaber

4 minute read

April 27, 2022 | Daily Business Review

Lael Brainard's rise to a leading policymaking role follows an extensive career as an economic official during previous Democratic administrations.

By Christopher Rugaber

6 minute read

February 11, 2022 | Daily Business Review

Inflation and tangled supply chains have seeped into nearly every nook of the economy, forcing consumers and businesses to make painful decisions.

By Christopher Rugaber

5 minute read

January 26, 2022 | Daily Business Review

Federal Reserve Chair Jerome Powell has acknowledged that he failed to foresee the persistence of high inflation, having long expressed the belief that it would prove temporary.

By Christopher Rugaber

5 minute read

December 16, 2021 | Daily Business Review

With average wages rising, hiring solid, and unemployment falling, Federal Reserve Chairman Jerome Powell and the rest of the Fed's policymakers have decided that now is the time to speed up the Fed's tightening of credit.

By Christopher Rugaber

6 minute read

November 23, 2021 | Daily Business Review

Inflation has jumped to a three-decade high, and Jerome Powell's efforts to contain it will constitute the stiffest test of his next term.

By Christopher Rugaber

5 minute read

November 09, 2021 | Daily Business Review

"Throughout my career, in both the public and the private sectors, I have seen that the best and most successful organizations are often the ones that have a strong and persistent commitment to diversity and inclusion," Federal Reserve Chair Jerome Powell said.

By Christopher Rugaber

2 minute read