Time is almost up on Jerome Powell's eight-year stint as Federal Reserve chairman. Here's what market pros say his legacy will be.

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 ...

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 ...

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.

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It was looking bad there for awhile for Team Transitory. Anyone who had previously even uttered the word "transitory" in regards to inflation was regretting having used it. But lately the term is ...

LONDON (Reuters Breakingviews) - Federal Reserve Chair Jerome Powell is ditching the word “transitory” as a way of describing the current high rate of inflation. He and his global peers could usefully ...

It may be time for the Federal Reserve to revive the word "transitory" after all. While the first dictionary definition of "transitory," is "of brief duration," additional definitions describe ...