Jerome Powell, the Fed chair, made headlines when he said that the inflation impact from tariffs would be transitory — a word whose use came back to haunt then–Treasury Secretary Janet Yellen ...

The effects of the White House’s tariff policy on inflation could be less transitory and more “persistent,” said Powell on Wednesday. “Tariffs are highly likely to generate at least a temporary rise ...

“We’re seeing some inflation but I don’t believe it’s permanent, ” Yellen said at a press conference after the G-7 finance meeting in London.

During his post-decision press conference on Wednesday, Powell said tariff-induced inflation could be “transitory,” or temporary. “I think that’s kind of the base case,” he said ...

It came from Fed Chair Jerome Powell, who told reporters Wednesday his "base case" is that higher inflation stemming from President Trump's tariffs will be "transitory" — reviving memories of ...

Jerome Powell, the Fed chair, made headlines when he said that the inflation impact from tariffs would be transitory - a word whose use came back to haunt then-Treasury Secretary Janet Yellen, who ...