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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 ...
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 ...
Federal Reserve Chairman Jerome Powell on Friday appeared to back away from a "base case" view that inflation from new tariffs could be transitory, saying that “it is also possible that the effects ...
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 ...
As Mr. Powell put it today: “As I’ve mentioned, it can be the case that it’s appropriate sometimes to look through inflation if it’s going to go away quickly without action by us, if it’s transitory.
At Wednesday afternoon’s press conference following the two-day conclave of the FOMC, Fed chair Powell repeatedly invoked two words. Those words were: uncertainty, and transitory. Even if the ...
Team transitory' may have stolen a march on 'team stagflation', but a lot of stars will need to align for it to emerge victorious over the long haul. Many investors likely shuddered when Powell ...
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 ...
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