US Federal Reserve Chairman Jerome Powell tests positive for Covid

Jerome Powell, Chairman of the Federal Reserve Board, delivers a news conference following the announcement that the Federal Reserve has raised interest rates by half a percentage point, at the Federal Reserve Building in Washington, the United States, December 14, 2022.

Evelyn Hockstein Reuters

Federal Reserve Chair Jerome Powell has tested positive for Covid-19, the central bank said on Wednesday morning.

Powell, 69, has “mild symptoms,” according to the announcement.

“Chair Powell is up to date with COVID-19 vaccines and boosters. As directed by the Centers for Disease Control and Prevention, he is working remotely while isolating at home,” a press release said.

No further information was given.

The next policymaking body of the Federal Open Market Committee meets Jan. 31-February 31. 1. Markets broadly expect the Fed to approve a 0.25 percentage point rate hike that would bring the reference rate to a target range of 4.5% to 4.75%.

Powell’s most recent public appearance was a panel discussion on January 10 at the Riksbank in Sweden. US Federal Reserve Chairman Jerome Powell tests positive for Covid

Sportsasff is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – The content will be deleted within 24 hours.

Related Articles

Back to top button