Scott Horsley Scott Horsley is NPR's Chief Economics Correspondent.
Scott Horsley 2010
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Scott Horsley

President Jimmy Carter signs an emergency natural gas legislation in the Oval Office of the White House in Washington, D.C., in 1977. ASSOCIATED PRESS hide caption

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ASSOCIATED PRESS

Memories of the 1970s haunt the Fed, pushing its aggressive rate moves

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The Fed has pushed interest rates high because it doesn't want to repeat the 1970s

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Instead of going back to a corporate job, Farida Mercedes started her own business. It pays less, but she has more flexibility to spend time with her sons Sebastian (left) and Lucas, ages 7 and 9. Farida Mercedes hide caption

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Farida Mercedes

Women are returning to (paid) work after the pandemic forced many to leave their jobs

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Women are back in the workforce after leaving to caretake during the pandemic

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Raising interest rates is a lesson Powell learned from former Fed chair Paul Volcker

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Renovations continue on the Marriner S. Eccles Federal Reserve Board Building on September 19, 2022 in Washington, DC. The Federal Open Market Committee (FOMC) concluded its two-day meeting on interest rates this afternoon. Kevin Dietsch/Getty Images hide caption

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Kevin Dietsch/Getty Images

Fed orders another super-sized interest rate hike as it battles stubborn inflation

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In happier times, Susan Morrison and her husband Calvin liked to vacation in their motor home. But they've had to park it this year because of the high cost of diesel fuel. Susan Morrison/Susan Morrison hide caption

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Susan Morrison/Susan Morrison

Americans are paying more and getting less as inflation hits home

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Vehicles drive past a sign on the 110 Freeway warning of extreme heat and urging energy conservation during a heat wave in downtown Los Angeles on Sept. 2. Soaring electricity bills are pinching many household budgets across the country even as gasoline prices have come down. Patrick T. Fallon/AFP via Getty Images hide caption

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Patrick T. Fallon/AFP via Getty Images

Soaring electricity bills are the latest inflation flashpoint

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U.S. employers added 315,000 jobs in August

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A man walks past a "now hiring" sign posted outside of a restaurant in Arlington, Va., on June 3. Olivier Douliery/AFP via Getty Images hide caption

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Olivier Douliery/AFP via Getty Images

U.S. jobs market is likely to be another bright spot in the economy this month

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Cattle graze amid drought conditions near Ojai, Calif., on June 21. Drought in parts of the country have forced some ranchers to slaughter their cattle early, leading to a drop in beef prices that will only be temporary. Mario Tama/Getty Images hide caption

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Mario Tama/Getty Images

Droughts are hitting cattle ranchers hard – and that could make beef more expensive

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Beef prices are down right now. But that may not last

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Student loan borrowers stage a rally in front of The White House on Aug. 25 to celebrate President Biden cancelling student debt. The plan has sparked heated debate, including about its economic fairness. Paul Morigi/Getty Images for We the 45m hide caption

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Paul Morigi/Getty Images for We the 45m

Is it fair to forgive student loans? Examining 3 of the arguments of a heated debate

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Stocks tumble after Fed announces plan to keep interest rates up

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