May 19, 2024
Federal Reserve Chair JeromePowelltested positive for COVID-19 on Thursdayand is currently working from home, a Fed spokesperson said in an emailed statement.
ChairPowelltested positive for COVID-19 late yesterday and is experiencing symptoms. He is working from home and staying away from others, the statement said, as per guidance from the US Centers for Disease Control and Prevention.
The announcement follows a trip to Europe this week in whichPowell, 71, appeared on Tuesday on stage at an event with Dutch central bank president Klaas Knot in Amsterdam.
Powelllast tested positive for Covid in January 2023. There was little reaction in financial markets after the Feds announcement ofPowells latest COVID-19 infection. The next scheduled Fed policy meeting is not until June 11-12.
Powell, who was due to give commencement remarks in person on Sunday at Georgetown Law School, will now deliver them via prerecorded video, the statement said.
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Fed Chair Jerome Powell tests positive again for COVID-19, working from home - New York Post
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