When will the next Fed chair be announced?
Asked 8 days ago
Answer
An announcement on the next Fed chair is expected by the end of the year, as Chair Powell's term ends in May and another board seat opens earlier.
Now Playing
Bessent: Expect an announcement on the next Fed chair by end of year
CNBC ยท 8 days ago
CNBC
8 days ago
- The PCE index has declined to 2.5%, nearing the Federal Reserve's target.
- Two seats on the Federal Reserve Board, including the chair, will be opening soon. 1m 53s
- A list of candidates for the new Fed chair is being prepared for presidential review. 2m 9s
- An announcement on the next Fed chair is expected by the end of the year. 2m 18s
- Recent dissenting votes at the Fed highlight divisions within the board. 4m 2s
