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Rep. Kevin McCarthy: We can have tax reform done this year

Rep. Kevin McCarthy: We can have tax reform done this year

Rep. Kevin McCarthy (R-Calif.), House majority leader, discusses the road ahead in conference for tax reform.

04:40

Mon, Dec 4 20178:05 AM EST

Fed Chair Powell downplays 'stagflation' concerns

Fed Chair Powell downplays 'stagflation' concerns

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

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

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

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

Fed Chair Powell downplays 'stagflation' concerns

Fed Chair Powell downplays 'stagflation' concerns

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

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

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

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