Powell Is Said to Be Trump's Pick as Fed Chair: WSJ

The transcript discusses Jerome Powell's potential appointment as the Federal Reserve Chair, comparing his monetary policy stance to that of Janet Yellen. It speculates on the timing of the announcement and its impact on markets, noting that Powell is seen as a continuation of Yellen's policies. The discussion also touches on the vacancies in the Federal Open Market Committee and the potential for further appointments. Market reactions are expected to be minimal due to the well-telegraphed nature of the decision.

What is Jerome Powell expected to discuss at the Treasury Department conference?

• Inflation rates

• His appointment as Fed Chair

• The replacement for Libor

• Market reactions to his appointment

What is the significance of the potential announcement of Jerome Powell as Fed Chair?

• It will cause a major shift in the FOMC

• It will result in a new monetary policy direction

• It is expected to be a continuation of Janet Yellen's policies

• It will lead to immediate market volatility

What is the market's reaction to the rumors of Powell's appointment?

• A sharp increase in treasury yields

• A major drop in equity markets

• A well-telegraphed and muted response

• Significant fluctuations in the dollar

How does Jerome Powell's approach to monetary policy compare to Janet Yellen's?

• He plans to overhaul the current policy framework

• He is more focused on reducing inflation

• He favors a gradual approach similar to Yellen

• He is more aggressive in raising interest rates

What is a key reason for Jerome Powell being considered a continuation pick?

• His focus on rapid economic growth

• His alignment with Republican policies

• His plans to increase interest rates quickly

• His gradual approach to monetary policy