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in one of Powell's answers discussing the potential impact of tariffs on inflation, Powell said the word "transitory." That word infamously dogged him in 2021 and 2022 after he suggested that the ...
When discussing how Trump's tariffs will impact inflation, Powell said the Fed's view is that their impact is likely to be "transitory." The last time the Fed chair asserted that broad U.S. price ...
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 ...
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 ...
"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," Powell said. He called ...
Federal Reserve Bank of Chicago President Austan Goolsbee said the inflationary impact from tariffs could be transitory ... their inflation and unemployment forecasts, according to the median estimate ...
THE T-WORD Many investors likely shuddered when Powell invoked the T-word on Wednesday, given the Fed has had to keep rates higher for longer precisely because the post-pandemic inflation surge wasn't ...
The fate of U.S. financial markets this year will largely depend on whether any tariff-fueled inflation turns out to be “transitory”, enabling the Federal Reserve to cut interest rates, or ...
“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,” Mr Powell said.