Those words were: uncertainty, and transitory. Even if the additional inflation created by higher tariffs is transitory – according to the FOMC’s own economic projections released on Wednesday ...

Federal Reserve Governor Christopher Waller said Monday he expects the effects of President Donald Trump's tariffs on prices ...

The outlook spurred talk again about "transitory" inflation that caused a major policy headache for the Fed. Get top local stories in San Diego delivered to you every morning. Sign up for NBC San ...

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 ...