Jerome Powell looks on after a swearing-in ceremony on February 5 at the Federal Reserve in Washington, DC. Powell has succeeded Janet Yellen to become the new chair of the Federal Reserve. Photo: Getty Images via AFP

New US Fed boss starts off from rare position of strength

Jay Powell has inherited an economy in decent shape but he will have to normalise rates while keeping growth on track

Topic |   US Federal Reserve

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Jerome Powell looks on after a swearing-in ceremony on February 5 at the Federal Reserve in Washington, DC. Powell has succeeded Janet Yellen to become the new chair of the Federal Reserve. Photo: Getty Images via AFP
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