
Scott Horsley
Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.
Horsley spent a decade on the White House beat, covering both the Trump and Obama administrations. Before that, he was a San Diego-based business reporter for NPR, covering fast food, gasoline prices, and the California electricity crunch of 2000. He also reported from the Pentagon during the early phases of the wars in Iraq and Afghanistan.
Before joining NPR in 2001, Horsley worked for NPR Member stations in San Diego and Tampa, as well as commercial radio stations in Boston and Concord, New Hampshire. Horsley began his professional career as a production assistant for NPR's Morning Edition.
Horsley earned a bachelor's degree from Harvard University and an MBA from San Diego State University. He lives in Washington, D.C.
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President Trump lashed out at Powell for not acting sooner to lower interest rates. The president's own tariffs make that more difficult, by putting upward pressure on prices.
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Consumer prices in March were up 2.4% from a year ago — a smaller annual increase than forecasters had expected. While President Trump has suspended many of his new tariffs, import taxes that remain could push prices higher in the months to come.
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President Trump's trade war is starting to take a toll on US importers. Double-digit tariffs on goods from dozens of countries took effect overnight.
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Employers added 228,000 jobs in March, showcasing a solid labor market. But uncertainty over tariffs and tepid consumer spending may weigh on job growth in the months to come.
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President Trump announced sweeping tariffs on imported goods, which were higher and broader than many expected. The new import taxes are expected to raise prices and slow growth in the U.S., while pushing many other countries into recession.
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The U.S. has generally kept tariffs low, but a few domestic industries have long been protected by import taxes and other trade barriers. They offer clues about how Trump's new tariffs might work out.
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President Trump is preparing to announce another big round of tariffs Wednesday. He argues that import taxes help to protect U.S. producers from foreign competition.
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Consumers are growing more cautious about the U.S. economy, in the face of stubborn inflation and looming tariffs.
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President Trump is ordering a 25% tariff on all imported cars, beginning next week. The move is intended to boost domestic auto production. But it will likely also make it more expensive to buy a new car.