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Trump expected to make formal announcement on Fed chair pick

Trump expected to make formal announcement on Fed chair pick

CNBC's Steve Liesman reports Wall Street is generally positive on news President Trump will appoint Fed Governor Jay Powell as the next Fed chair.

01:22

Thu, Nov 2 20177:34 AM EDT

Fed Chair Powell downplays 'stagflation' concerns

Fed Chair Powell downplays 'stagflation' concerns

3 hours ago

Fed Chair Powell: We will see inflation move down this year, but my confidence in it is lower

Fed Chair Powell: We will see inflation move down this year, but my confidence in it is lower

3 hours ago

Fed Chair Powell: We want to be careful not to target wage growth or the labor market

Fed Chair Powell: We want to be careful not to target wage growth or the labor market

3 hours ago

Fed Chair Powell: The demand in the labor market is strong, but is cooling

Fed Chair Powell: The demand in the labor market is strong, but is cooling

3 hours ago

Fed's Jerome Powell: Inflation remains too high and path forward is uncertain

Fed's Jerome Powell: Inflation remains too high and path forward is uncertain

3 hours ago

Fed Chair Powell downplays 'stagflation' concerns

Fed Chair Powell downplays 'stagflation' concerns

3 hours ago

Fed Chair Powell: We will see inflation move down this year, but my confidence in it is lower

Fed Chair Powell: We will see inflation move down this year, but my confidence in it is lower

3 hours ago

Fed Chair Powell: We want to be careful not to target wage growth or the labor market

Fed Chair Powell: We want to be careful not to target wage growth or the labor market

3 hours ago

Fed Chair Powell: The demand in the labor market is strong, but is cooling

Fed Chair Powell: The demand in the labor market is strong, but is cooling

3 hours ago

Fed's Jerome Powell: Inflation remains too high and path forward is uncertain

Fed's Jerome Powell: Inflation remains too high and path forward is uncertain

3 hours ago