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'Transitory' is back as the Fed doesn't expect tariffs to have long-lasting inflation impacts
Economic projections the Fed released Wednesday indicate that while officials see inflation moving up this year more rapidly than previously expected, they also expect the trend to be short-lived. The ...
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 ...
I think that if we do see a large universal tariff hike, it would qualify as 'transitory inflation.' I follow a strict definition of relative price shifts: the overall price level/aggregate inflation ...
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 ...
(Bloomberg) -- President Donald Trump’s rapidly evolving trade war threatens to resurrect an all-too-familiar question for the Federal Reserve: If inflation moves higher, will it be transitory?
(Reuters) -Joseph Lavorgna, counselor to Treasury Secretary Scott Bessent, believes tariffs are not inflationary and says economists who have been predicting that prices would rise due to President ...
The "good ship Transitory," despite an ominous record, appears ready to sail again for the Federal Reserve. Economic projections the central bank released Wednesday indicate that while officials see ...
President Donald Trump’s rapidly evolving trade war threatens to resurrect an all-too-familiar question for the Federal Reserve: If inflation moves higher, will it be transitory? Trump’s decision to ...
Economic projections the central bank released Wednesday indicate that while officials see inflation moving up this year more rapidly than previously expected, they also expect the trend to be ...
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