Federal Reserve Chair Jerome Powell Tests Positive For COVID
January 18, 2023 9:42AM PST
Federal Reserve Chairman Jerome Powell speaks to the Senate Banking, Housing and Urban Affairs Committee, as he presents the Monetary Policy Report to the committee on Capitol Hill, on June 22, 2022, in Washington. (AP Photo/Manuel Balce Ceneta, File)
WASHINGTON (AP) – Federal Reserve Chair Jerome Powell has tested positive for COVID-19 and is experiencing “mild symptoms,” the Federal Reserve announced.
Powell is “up to date” with all COVID-19 vaccines and boosters, the Fed said, and is working from home.
The Fed’s next interest rate-setting meeting is set for Jan. 31-Feb. 1, a timetable that could allow Powell to recover in time to participate in person.
An alternative would be to return to a virtual meeting, which the Fed held for months during the height of the pandemic.
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