
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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The Dow Jones advanced after Trump said he wouldn't fire Fed Chair Jerome Powell and on hopes of easing tensions over tariffs with China.
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The International Monetary Fund has warned that President Trump's trade war will lead to slower economic growth around the world and higher inflation in the U.S.
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The International Monetary Fund is projecting higher prices and slower economic growth in the U.S. as a result of President Trump's trade war. That's a tough spot for the Federal Reserve.
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President Trump is once again pressing the Federal Reserve to lower interest rates, even as his own tariffs make that more difficult. Economists say if Trump gets his way, it could backfire.
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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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The stock market tumbled again Wednesday as fears over tariffs cloud the economic outlook. Retail spending got a boost in March, however, as people tried to stock up before the tariffs took effect.
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There was another sell-off on Wall Street Thursday, as investors take stock of President Trump's trade war. Growing tensions with China are expected to raise prices in the coming months, just when it looked like inflation was about to cool off.
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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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Facing pressure from world markets President Trump blinks on tariffs, businesses welcome that temporary tariff relief, a former top cybersecurity official is targeted by Trump as a private American.
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The stock market soared yesterday, after President Trump suspended some of his new tariffs for 90 days. But businesses are still struggling to make plans in an uncertain trading environment.