Powell revived the term ‘transitory’ when discussing inflation. Additionally, the Fed announced a slowdown in their balance sheet reduction, decreasing quantitative tightening from $25 billion ...

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

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 ...

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 ...

The outlook spurred talk again about "transitory" inflation that caused a major policy headache for the Fed. Get top local stories in DFW delivered to you every morning with NBC DFW's News ...