Federal Reserve Chair Jerome Powell’s decision to retire the term “transitory” offered some insight into how the Fed and global monetary system really work. There was much more said in Federal Reserve ...

MORAN, Wyo. — The “transitory” inflation caused by the economic shock of the Covid-19 pandemic turned out to be a head fake, Federal Reserve Chair Jerome Powell said. While some inflation in ...

“We tend to use [the word transitory] to mean that it won’t leave a permanent mark in the form of higher inflation,” Fed Chairman Jerome Powell told the US Congress this week. “I think it ...

In August Fed chair Jerome Powell offered a checklist of what he was watching to determine if inflation would prove as fleeting and "transitory" as he expected. The list included things like wages ...