Inflation that moves above a steady rate for a short period and then reverts toward that steady rate is considered transitory. Also, inflation that rises temporarily is considered transitory. For ...
Yahoo Finance's Brian Cheung breaks down the term 'transitory inflation' as the Fed gears up to begin tapering this month. JAY POWELL: Transitory is a word that people have had different ...
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 ...
Whether the elevated inflation readings of the last few months will prove “transitory” has been the main subject of comment about them. It’s understandable that we want to know how long we will be ...
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