HeyJaredCHRISTOPHER RUGABER
- Indexed articles, last 90 days
- 5
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- Sep 16, 2026
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- Jul 9, 2026
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Federal Reserve expected to raise benchmark rate (opens the original)
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WASHINGTON -- The Federal Reserve is widely expected to lift its short-term interest rate Wednesday for the first time in three years to fight stubbornly high inflation, a move that would put the central bank at odds with President Donald Trump's support for a cut. A quarter-point increase in the Fed's rate, currently about 3.6%, isn't guaranteed because Fed Chair Kevin Warsh doesn't provide the signals about next moves that his predecessors did. Still, most analysts and economists expect a hike
Federal Reserve expected to raise benchmark rate (opens the original)
Read excerpt
WASHINGTON -- The Federal Reserve is widely expected to lift its short-term interest rate Wednesday for the first time in three years to fight stubbornly high inflation, a move that would put the central bank at odds with President Donald Trump's support for a cut. A quarter-point increase in the Fed's rate, currently about 3.6%, isn't guaranteed because Fed Chair Kevin Warsh doesn't provide the signals about next moves that his predecessors did. Still, most analysts and economists expect a hike
Inflation gauge remains elevated during trade war (opens the original)
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WASHINGTON -- An inflation measure closely watched by the Federal Reserve stayed elevated last month in the latest sign that many Americans are still struggling with higher costs. Stubbornly high prices are shaping up to be a key issue in the midterm elections, now just 10 weeks away, particularly as the Iran war keeps gas prices high, President Donald Trump is threatening new tariffs on Canada and China, and spending on AI infrastructure has pushed up the cost of computers, gaming consoles, and
Fed officials deeply divided over future of US inflation (opens the original)
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WASHINGTON -- The Federal Reserve's rate-setting committee is split over whether inflation is likely to stay elevated or whether it will cool once the Iran war winds down, according to minutes released Wednesday. In the first set of minutes released under new chair Kevin Warsh, "many" of the Fed's 19 officials said its key rate would be unchanged from or slightly below its current level of 3.6% by the end of this year. But "many" also said that it would likely be higher by year-end. Forecasts re
Fed officials deeply divided over future of US inflation (opens the original)
Read excerpt
WASHINGTON -- The Federal Reserve's rate-setting committee is split over whether inflation is likely to stay elevated or whether it will cool once the Iran war winds down, according to minutes released Wednesday. In the first set of minutes released under new chair Kevin Warsh, "many" of the Fed's 19 officials said its key rate would be unchanged from or slightly below its current level of 3.6% by the end of this year. But "many" also said that it would likely be higher by year-end. Forecasts re
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