It remains a loaded term, especially for critics of the Fed’s handling of pandemic-era inflation. Some worry that Powell may be mistakenly playing down the risks of Trump’s trade war ...

Jerome Powell, the Fed chair, 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 ...

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 head of the nation's central bank said President Donald Trump's trade policies are set to delay further progress on bringing inflation down. After the Federal Open Market Committee announced ...