Transitory inflation is a term that gained wide circulation in 2021 as the initial impact of the COVID pandemic subsided and prices for many goods and services began rising steeply after several years ...
Hopes for a further decline in U.S. inflation this year are giving way to a risk seen in some corners of the financial market that any improvement in price gains will turn out to be fleeting. Friday’s ...
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 ...
The phrase “transitory inflation” has dominated official and public conversation about price trends in the U.S. economy over the past several years. It has become, in effect, a meme – i.e., “an idea ...
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: The Federal ...
A year and a half ago, Fed Chair Jerome Powell described inflation as "transitory." That word caused a kerfuffle at the time and has since come to represent Powell’s Chairmanship for a lot of people.
Journal Editorial Report: It isn't transitory. For most Americans it's terrible. Images: Getty Images Composite: Mark Kelly Inflation was a Grinch this Christmas. Economists on Team Transitory, myself ...
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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