Dossier
Christopher Rugaber
Coverage of Christopher Rugaber in the Nexus archive.
- Key inflation gauge worsens, eroding Americans’ income and spending power
A key inflation gauge rose to 3.8% in April 2026, the highest in three years, driven by spiking gas and food prices. Core inflation hit 3.3%, with incomes falling slightly after adjusting for inflation, potentially complicating the Federal Reserve's interest rate decisions.
- Key inflation gauge remains elevated in February before Iran war
Inflation remained elevated in February 2023, with the Federal Reserve's key gauge rising 0.4% monthly and 2.8% year-over-year. The data, delayed by a government shutdown, precedes the impact of the Iran war on gas prices, with March's CPI expected to show a significant spike.