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 ...

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 ...

Inflation traders have been in agreement with Federal Reserve Chairman Jerome Powell's take on the likely transitory nature of how tariffs will impact future price gains. Market-based expectations, ...

On the narrow point, Krugman may be correct. As the inflation rate has declined, we have not seen a spike in unemployment despite there often being an inverse relationship between the two in the short ...

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 ...

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 ...

“Inflation is tumbling, while employment is near a 50-year high.” - CBS 60 Minutes (Feb 4, 2024) “What I can say is that inflation has come down over the past year, and really sharply over the past ...

Last week, the Bureau of Labor Statistics reported that inflation—as measured by the annual change in the Consumer Price Index—fell to 3 percent in June, down from a high of 9 percent last summer. The ...

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 ...

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 ...