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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Higher tariffs take effect today on imports from many U.S. trading partners. The import taxes are raising tens of billions of dollars for the government, but also beginning to weigh on the U.S. economy.
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New and higher tariffs are set to take effect this week, amid signs the president's economic policies are resulting in higher prices and slower economic growth.
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The U.S. job market slowed sharply this spring, as President Trump's tariffs took effect. Trump is calling for even higher import taxes in the coming week.
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President Trump announced new tariffs Thursday, and a jobs report out Friday fell short of expectations. We look at the political and economic fallout.
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Mexico has won a temporary reprieve from higher US tariffs but other imports from other countries will face higher taxes, starting tomorrow. Meanwhile, a federal appeals court is weighing whether President Trump's tariffs are even legal.
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The Federal Reserve held interest rates steady this week, despite demands for lower rates from President Trump. The move comes as the Commerce Department reports modest growth in the U.S. economy.
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The Federal Reserve left its benchmark interest rate unchanged Wednesday, but a rate cut is possible in September. President Trump has been urging the central bank to lower borrowing costs. -
President Trump boasted this week that his tariffs are raising "a fortune" for the U.S. government. Tariffs could also raise prices for the back-to-school and Christmas shopping seasons.
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President Trump's tariffs are starting to show up in the prices that consumers pay. That contributed to an uptick in inflation last month and will make the Fed cautious about cutting interest rates.
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Consumer prices were up 2.7% from a year ago — a larger annual increase than the month before.
