Scott Horsley

White House Correspondent for NPR News

Scott Horsley appears in the following:

What's next for the Fed after efforts to fight inflation with higher interest rates

Wednesday, November 02, 2022

Federal Reserve Chairman Jerome Powell talked with reporters about the central bank's latest effort to fight inflation with higher interest rates and what the Fed is likely to do next.

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The Fed orders another jumbo interest rate hike. Many are wondering what's next

Wednesday, November 02, 2022

The Federal Reserve raised interest rates by another 0.75 percentage points Wednesday, as part of its ongoing effort to fight inflation. The big question is, what happens next.

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The U.S. economy rebounded in July, August and September

Thursday, October 27, 2022

A new report on gross domestic product shows the U.S. economy rebounded in July, August and September after six months of negative growth. But the economy still faces challenges like high inflation.

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New GDP report shows an economic turnaround, but don't be fooled

Thursday, October 27, 2022

Thursday's GDP report shows the U.S. economy grew at an annual rate of 2.6% in July, August and September, after shrinking in the first half of the year.

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Americans are concerned about their economy, and the global economic outlook is worse

Friday, October 21, 2022

Inflation and fears of a recession are dominating headlines in the U.S., and a series of global crises means that the economic outlook is even more precarious in some other parts of the world.

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U.S. factories emerge as a strong point in a weakening economy

Thursday, October 20, 2022

Factories have added 467,000 jobs in the last 12 months, as production jumped to its highest level since 2008. But manufacturing remains a much smaller slice of the U.S. economy than it used to be.

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Factory employment is back to pre-pandemic levels, but will it continue to rebound?

Wednesday, October 19, 2022

U.S. factories ramped up production, adding 22-thousand workers in September. Factory employment is back to pre-pandemic levels, but it's not likely to rebound to what it was in the last century.

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Due to inflation, Social Security recipients will get a cost-of-living adjustment

Thursday, October 13, 2022

Inflation remained high last month, with consumer prices rising 8.2% in September from a year earlier. To keep pace with inflation, Social Security recipients will get a cost-of-living adjustment.

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Inflation in September was 8.2%. That means retirees will get an 8.7% raise next year

Thursday, October 13, 2022

Retirees and others who rely on Social Security will see a large boost in benefits next year. The average benefit will increase by $141 per month, to keep pace with high inflation.

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This years Nobel Prize in economics was awarded for work on preventing bank runs

Monday, October 10, 2022

Former Federal Reserve chairman Ben Bernanke was awarded the Nobel Prize in economics, along with economists Douglas Diamond and Philip Dybvig for their work on bank runs and how to prevent them.

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Ben Bernanke among 3 American winners of Nobel Prize in economics

Monday, October 10, 2022

Former Federal Reserve chairman Ben Bernanke and two academic economists — Douglas Diamond and Philip Dybvig — share this year's Nobel Prize in economics for their work on bank runs.

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3 economists win Nobel Prize in economic sciences for work on banks, financial crises

Monday, October 10, 2022

The Nobel panel at the Royal Swedish Academy of Sciences in Stockholm has announced the winners for the Nobel Memorial Prize in Economic Sciences are Ben Bernanke, Douglas Diamond and Philip Dybvig.

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Gas prices are likely to rise more as OPEC and Russia announce production cut

Saturday, October 08, 2022

Gas prices are likely to climb higher as OPEC and Russia announce a production cut, adding fuel to the inflation fire even as the job market shows signs of cooling down.

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U.S. employers added 263,000 jobs in September

Friday, October 07, 2022

U.S. employers added 263,000 jobs in September — a modest slowdown from August. The job market is still tight, though, as the unemployment rate dipped to 3.5%.

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Stocks sink despite Friday's report that hiring cooled in September

Friday, October 07, 2022

A new jobs report showed a modest slowdown in hiring last month that was not enough to soothe Wall Street's worries about inflation and the Fed. The unemployment rate edged down to 3.5%

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OPEC is trying to prop up oil prices as global demand slows down

Wednesday, October 05, 2022

OPEC and its allies plan to slash oil output by 2 million barrels a day to prop up oil prices. Gasoline prices are rising again in the U.S., but the effects vary in different parts of the country.

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Americans' incomes rose last month, but spending — due to inflation — grew faster

Friday, September 30, 2022

A new inflation report shows prices rose more than expected last month. The Federal Reserve is likely to keep raising interest rates in an effort to curb demand and bring inflation under control.

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Memories of the 1970s haunt the Fed, pushing its aggressive rate moves

Thursday, September 29, 2022

The Federal Reserve is cracking down hard on inflation, in hopes of avoiding a repeat of the 1970s, when price hikes were so sustained, they got baked in to people's thinking.

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The Fed has pushed interest rates high because it doesn't want to repeat the 1970s

Wednesday, September 28, 2022

Inflation watchdogs are acting to rein in runaway prices. They're hoping to avoid a re-run of the 1970s, when inflation went unchecked for so long it became harder to get prices under control.

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Women are returning to (paid) work after the pandemic forced many to leave their jobs

Wednesday, September 28, 2022

The number of women in the workforce has finally returned to pre-pandemic levels, which is good for the economy. But after time away from the job market some women are reassessing their priorities.

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