Federal Reserve chair Powell infected with Covid-19
Illness means he may not be able to attend next rate-setting meeting in person
Federal Reserve chair Jerome Powell tested positive for Covid-19 on January 18 and is experience “mild symptoms”, the US Federal Reserve has announced.
Powell “is up to date with Covid-19 vaccines and boosters”, it said in a brief statement. “Following Centers for Disease Control and Prevention (CDC) guidance, he is working remotely while isolating at home.” The statement gave no other details. Powell will turn 70 on February 4.
The Federal Open Market Committee is scheduled to meet January
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