Fresh off the Federal Reserve’s new economic projections showing officials expect higher inflation and slower growth this year, Chair Jerome Powell said Wednesday it’s his “base case” that any bump in ...

Federal Reserve Chairman Jerome Powell on Friday appeared to back away from a "base case" view that inflation from President ...

Fed Chair Jerome Powell said Wednesday his 'base case' is that higher inflation stemming from President Trump's tariffs will be 'transitory' — reviving memories of how central bank policymakers talked ...

“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.

If you take away the tariffs, you take away the uncertainty and also the resulting threat of higher inflation, transitory or otherwise. In which case Powell could spend his next press conference ...

given the Fed has had to keep rates higher for longer precisely because the post-pandemic inflation surge wasn't as transitory as Powell and then-Treasury Secretary Janet Yellen had claimed.

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 ...