Fed’s Musalem worries that the inflation caused by Trump’s tariffs won’t be so ‘transitory’
Musalem said it could be appropriate for the Fed to ignore the direct effects of higher tariffs on the price level but at the ...
The Questionable Return Of Transitory Inflation
At Wednesday afternoon’s press conference following the two-day conclave of the FOMC, Fed chair Powell repeatedly invoked two ...
Investors draw transitory vs stagflation battle lines
The fate of U.S. financial markets this year will largely depend on whether any tariff-fueled inflation turns out to be ...
Powell flirts again with a dangerous way to describe inflation: 'Transitory'
A fraught word resurfaced in the Federal Reserve’s lexicon again this week: "transitory." It came from Fed Chair Jerome ...
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Fed's Musalem worries that the inflation caused by Trump's tariffs won't be so 'transitory'
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 preceded Powell as Fed chair ...