Federal Reserve Chair Jerome Powell tested positive Wednesday for COVID-19 and is experiencing 'mild symptoms,' the Federal Reserve announced.
January 18, 2023 GMT
Federal Reserve Chair Jerome Powell participates in a panel during a Central Bank Symposium at the Grand Hotel in Stockholm, Sweden Tuesday, Jan. 10, 2023. Federal Reserve Chair Jerome Powell participates in a panel during a Central Bank Symposium at the Grand Hotel in Stockholm, Sweden Tuesday, Jan. 10, 2023.
WASHINGTON — Federal Reserve Chair Jerome Powell tested positive Wednesday for COVID-19 and is experiencing “mild symptoms,” the Federal Reserve announced.“Following Centers for Disease Control and Prevention guidance, he is working remotely while isolating at home,” the central bank said in a statement.
The Fed’s next interest rate-setting meeting is Jan. 31-Feb. 1, a timetable that could allow Powell to recover in time to participate in person. An alternative plan would be to return to a virtual meeting, which the Fed held for months during the height of the pandemic.
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