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U.S. Federal Reserve Chair Jerome Powell speaks at a press conference, following a two-day meeting of the Federal Open Market Committee on interest rate policy, in Washington, D.C., U.S., March 19 ...
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 ...
U.S. government debt rallied Thursday, pushing yields lower across the board, on the Federal Reserve’s base-case view about the likely transitory nature of tariff-driven inflation. Fixed-income ...
He even revived a once-abandoned term to say the inflationary impact of tariffs is likely to be transitory. “As I’ve mentioned, it can be the case that it’s appropriate sometimes to look ...
Instead, they seized on Chair Jerome Powell's belief that tariff-driven inflation will be "transitory" and largely confined to this year. I will dig deeper into the confusing signals sent by various ...
Back then, the central bank leaned heavily into the idea inflation would prove transitory, and officials used the term often as they argued the supply constraints driving price growth at the time ...
Australia's unemployment rate remained steady at 4.1 per cent in February, as labour force participation declined. According to the Australian Bureau of Statistics (ABS), 52,800 ... The Bank of ...
Senior economist Mohamed El-Erian has criticized Federal Reserve Chair Jerome Powell’s use of the word “transitory” to describe the potential inflationary impact of tariffs. What Happened ...
But there is a silver lining, he said Wednesday at a news conference. Tariff-driven inflation is likely to be “transitory” and just for this year. That’s the “base case,” he added ...
More importantly, Chairman Jerome Powell downplayed fears about the inflationary impact of Trump's tariffs, calling it transitory. Additionally, the end of the prolonged legal tussle between the ...
ORLANDO, Florida, March 20 (Reuters) - 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 ...
He even revived a once-abandoned term to say the inflationary impact of tariffs is likely to be transitory. "As I’ve mentioned, it can be the case that it’s appropriate sometimes to look ...
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