Scott Horsley

White House Correspondent for NPR News

Scott Horsley appears in the following:

Why there are growing fears the U.S. is headed to a recession

Wednesday, April 13, 2022

With inflation at a four-decade high, a growing number of forecasters worry the U.S. economy may be headed to a recession as the Fed gears up to raise interest rates aggressively.

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The rate of inflation made its sharpest spike since 1981

Tuesday, April 12, 2022

Consumer prices in March were up 8.5% from a year ago — the sharpest increase since December of 1981. Stubbornly high inflation is a challenge for the U.S. economy and the Biden administration.

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How soaring inflation forces stark choices

Tuesday, April 12, 2022

Inflation in March was the highest since December of 1981, with prices up 8.5% from a year ago. Rising prices are especially hard on low-income people, who spend more of their money on necessities.

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Many forecasters believe a recession is coming

Monday, April 11, 2022

High inflation and the resulting crackdown by the Federal Reserve are fueling worries that the U.S. could be headed for a recession.

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Employers continue hiring spree even as war in Ukraine ratchets up economic fears

Friday, April 01, 2022

U.S. employers added 431,000 jobs in March, as the unemployment rate fell to 3.6% from 3.8% in February. The tight job market is putting upward pressure on both wages and prices.

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What factors, such as inflation, affected the monthly jobless report?

Friday, April 01, 2022

The Labor Department is issuing its monthly report card on jobs and unemployment. The job market has been unusually tight, which is pushing up both wages and prices.

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Gas prices got you wanting an electric or hybrid car? Well, good luck finding one

Friday, March 25, 2022

Soaring gasoline prices have fueled increased demand for electric cars, hybrids and smaller gasoline-powered vehicles. But shoppers may not find much to choose from.

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More people are looking for hybrid or electric cars — but there aren't many options

Wednesday, March 23, 2022

High gasoline prices are boosting demand for more fuel-efficient vehicles. But some customers shopping for hybrids or electric cars are turned off by the rising sticker prices and limited selection.

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The Federal Reserve raises interest rates for the first time since 2018

Wednesday, March 16, 2022

The Federal Reserve raised interest rates today for the first time since 2018, in an effort to tamp down inflation. Additional rate hikes are likely in the months to come.

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Fed nominee Sarah Bloom Raskin withdraws after fight over her climate change stance

Tuesday, March 15, 2022

Biden's pick to be the Fed's top bank regulator has withdrawn her nomination. She attracted Republican opposition after calling on bank regulators to monitor the financial risks from climate change.

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Sen. Joe Manchin says he'll oppose Sarah Bloom Raskin's nomination to a key Fed role

Monday, March 14, 2022

The opposition of Manchin, the Democratic senator from West Virginia, likely dooms Raskin's chances to be confirmed.

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High inflation is an annoyance for some. Others make painful choices of what to cut

Sunday, March 13, 2022

Consumers are spending freely, even as prices climb at the fastest pace in decades. While inflation has put a dent in some people's purchasing power, others have money to burn.

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U.S. gas prices hit record highs following sanctions on Russia

Saturday, March 12, 2022

Western sanctions in response to Russia's invasion of Ukraine have pushed up gas prices. Though the U.S. was not a big buyer of Russian oil, it's still subject to the whims of global energy markets.

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Inflation climbed to a new four-decade high last month.

Friday, March 11, 2022

Consumer prices surge 7.9% in February from a year ago, keeping inflation at a 40-year high.

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Inflation reached a new 40-year high — even before the big spike in gas prices

Thursday, March 10, 2022

Annual inflation rose to a four-decade high in February, as consumer prices were up 7.9% from a year ago. That does not include most of the spike in gas prices tied to Russia's invasion of Ukraine.

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Inflation hits another 40-year high. The war in Ukraine could make it worse

Thursday, March 10, 2022

Annual inflation climbed to a new four-decade high in February, with consumer prices up 7.9% from a year ago. The increase does not reflect most of the recent jump in gasoline prices.

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President Biden bans Russian oil imports

Tuesday, March 08, 2022

President Biden is banning U.S. imports of Russian oil: the latest move to punish Moscow for its war on Ukraine. Gasoline prices are spiking.

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Prices for gasoline surge to about $4.17 per gallon, a national record

Tuesday, March 08, 2022

As the U.S. and western allies weigh restrictions on energy purchases from Russia, the U.S. is dealing with a record high price for a gallon of gas. That's due to an increase in crude oil costs.

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Gas prices surge to above $4 a gallon, near a national record

Monday, March 07, 2022

The prospect that the U.S. and its allies could impose new sanctions on Russian oil pushed energy prices sharply higher. The average price of gasoline in the U.S. hit $4.06 per gallon.

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The Fed plans to raise interest rates, though cautious of maintaining job growth

Saturday, March 05, 2022

The Federal Reserve Board plans to raise interest rates in an effort to curb inflation. It wants to do that without stalling job growth, and is likely encouraged by the latest employment report.

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