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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U.S. employers added 528,000 jobs in July, showing the labor market remains strong, despite high inflation and softening economic growth. The unemployment rate fell to 3.5%. -
Inflation is sky high. The Federal Reserve wants to bring it back to earth without crashing the economy. But achieving a so-called "soft landing" and avoiding a recession is easier said than done.
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Ayesha Rascoe and Scott Horsley speak with economist Austan Goolsbee about what's driving inflation and why so many economic forecasts have been wrong.
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Inflation hit a new, four-decade high of 9.1% last month, fueled in part by record high gasoline prices. Gas prices have since fallen, but overall inflation is still elevated.
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Job gains in June were surprisingly strong, defying gloomy forecasts of a looming recession.
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A Labor Department report is expected to show U.S. employers added more than 200,000 jobs in June — a modest slowdown from May. The job market has proven resilient despite high inflation.
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The chairman of the Federal Reserve acknowledges combating inflation with higher interest rates could lead to a recession. He argues a bigger risk would be to let high inflation become entrenched.
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Federal Reserve Chairman Powell answers questions from a Senate committee Wednesday. He's sure to be asked about inflation and possible fallout from the Fed's efforts to bring prices under control.
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The Federal Reserve wants to control inflation, and its number-one weapon is higher interest rates. The Fed is expected to announce another sharp jump in borrowing costs on Wednesday.
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Consumers are watching their pennies at the gas station and grocery store as consumer prices surged 8.6% in May, pushing the annual inflation rate to its highest in over 40 years.
