HomeMarketsU.S. EconomyFed's Latest 'Transitory' Meaning, What to Watch Today

Fed's Latest 'Transitory' Meaning, What to Watch Today

Following Wednesday's post-FOMC rally, Kevin Green breaks down the key takeaways from Federal Reserve Chairman Jerome Powell's commentary. Powell used the word "transitory" to describe the inflationary effects of tariffs, which raised some investors' eyebrows. Powell added "inflation has moved closer to our 2% longer-run goal, though it remains somewhat elevated." KG maps out the perceived reasons the Fed stood put in its March meeting.

Morning Movers

20 Mar 2025

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