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Jerome Powell becomes Fed Reserve Chief as US economy begins to show strain

What to expect from Trump-appointee Federal Reserve Chairman Jerome Powell's tenure? What kind of Federal Reserve is he taking over?

Jerome Powell
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Jerome Powell

Christopher Condon | Bloomberg New York
The Finance Bill, 2018, has proposed to provide for a new long-term capital gains tax regime for equity shares, unit of an equity-oriented fund, and unit of a business trust

It’s been a long time since an incoming Federal Reserve leader had it this good.

Jerome Powell will be sworn in Monday morning as the 16th chairman of the Fed, on the day after his 65th birthday. He’s inheriting a U.S. economy in its third-longest expansion on record, with unemployment and inflation near historically low levels.

“Global growth feels more powerfully coordinated than it has in a long time and

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