View post: Amazon is selling a $40 space heater that 'heats up in seconds' Inflation that moves above a steady rate for a short period and then reverts toward that steady rate is considered transitory ...

Transitory inflation tends to be short-lived and circumstantial, while entrenched inflation tends to stick around even after the immediate problems that spurred it on have resolved. Examples of ...

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 ...