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 ...

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 ...

The "good ship Transitory," despite an ominous record, appears ready to sail again for the Federal Reserve. Economic projections the central bank released Wednesday indicate that while officials ...