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By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler Michael J. de la Merced Lauren Hirsch and Edmund Lee Jay Powell ... Tariff-driven inflation is likely to be “transitory” and ...
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 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 ...
If you take away the tariffs, you take away the uncertainty and also the resulting threat of higher inflation, transitory or otherwise. In which case Powell could spend his next press conference ...
Investors’ fears regarding the outcome of tariffs calmed down last week as Federal Reserve chair Jerome Powell said inflation sparked by tariffs would only be "transitory." U.S. Treasury yields ...
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 ... at J.P. Morgan Wealth ...
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 inflation ...
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'Transitory' is back as the Fed doesn't expect tariffs to have long-lasting inflation impactsBack in 2021, when inflation first rose past the Fed's 2% target, Powell ... Transitory' is back, or at least that was the insinuation," said Elyse Ausenbaugh, head of investment strategy at J.P ...
"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," Powell ... strategy at J.P. Morgan ...
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