A fraught word resurfaced in the Federal Reserve’s lexicon again this week: "transitory." It came from Fed Chair Jerome Powell, who told reporters Wednesday his "base case" is that higher ...

Removing the chair of the central bank would have severe consequences for markets and the economy, strategists warn.

Some worry that Powell may be mistakenly playing down the risks of Trump’s trade war, as he did in 2022 when he wrongly called inflation “transitory.” Several economists see tariffs ...

Federal Reserve Chair Jerome Powell on Friday appeared to back away from a "base case" view that inflation from President ...

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 ...

Markets are expecting more rate cuts than they are likely to get, I argue, and the Fed's hawkish stance reinforces my views.

The effects of the White House’s tariff policy on inflation could be less transitory and more “persistent,” said Powell on Wednesday. “Tariffs are highly likely to generate at least a temporary rise ...

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 ...

Fed Chair Jerome Powell said Wednesday his 'base case' is that higher inflation stemming from President Trump's tariffs will be 'transitory' — reviving memories of how central bank policymakers talked ...