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Federal Reserve Governor Christopher Waller said Monday he expects the effects of President Donald Trump's tariffs on prices ...
The central bank used the term in the wake of the pandemic to describe what became persistent inflation, leading to public ...
Christopher J. Waller argued that the effect of tariffs on prices could be short-lived, but he warned about a bigger hit to ...
But there is a silver lining, he said Wednesday at a news conference. Tariff-driven inflation is likely to be “transitory” and just for this year. That’s the “base case,” he added ...
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. At his post-meeting news conference, Chair Jerome Powell said the current outlook is ...
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 ...
they’re more likely to be transitory on inflation and monetary policy would look through,” Goolsbee said Friday on CNBC. So far, that’s not how the situation is playing out in President ...
Federal Reserve Governor Christopher Waller said Monday he expects the effects of President Donald Trump's tariffs on prices to be "transitory," embracing a term that got the central bank in ...
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 ...