The Fed’s slowness to catch the inflation surge that began during the pandemic has earned it scads of criticism. Is this time different?

A fraught word resurfaced in the Federal Reserve’s lexicon again this week: "transitory." It came from Fed Chair Jerome Powell, who told reporters Wednesday his "base case" is that higher ...

Some worry that Powell may be mistakenly playing down the risks of Trump’s trade war, as he did in 2022 when he wrongly called inflation “transitory.” Several economists see tariffs ...

Fed Chairman Jay Powell reintroduced the term "transitory" for inflation, attributing current inflation upticks to tariffs. The Fed's updated forecasts indicate higher inflation and lower GDP ...

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

Tariffs will lead to a one-time price spike in the Fed's base case. That will raise development costs, but a sustained bump ...

Team transitory' may have stolen a march on 'team stagflation', but a lot of stars will need to align for it to emerge victorious over the long haul. Many investors likely shuddered when Powell ...

The outlook spurred talk again about "transitory" inflation that caused a major policy headache for the Fed. At his post-meeting news conference, Chair Jerome Powell said the current outlook is ...

After leaving interest rates untouched due to uncertainty surrounding tariffs and trade, Federal Reserve Chair Jerome Powell revived a word with a controversial past: transitory. During his post ...