Fed Chair Powell Tests Positive for Covid-19, Has Mild Symptoms By Bloomberg

(Bloomberg) — Federal Reserve Board Chair Jerome Powell tested positive for Covid-19 and is experiencing mild symptoms. 

Powell, 69, received the positive test Wednesday and “is up to date with Covid-19 vaccines and boosters,” the Fed said in a statement, adding that he is working remotely while isolating at home. 

The next meeting of the policy-setting Federal Open Market Committee is set for Jan. 31-Feb. 1, and Powell is scheduled to deliver an in-person press conference at 2:30 p.m. in Washington after the meeting concludes.

The Covid-19 landscape is different than it was earlier in the pandemic: Most people have hybrid immunity from vaccinations or infections, and antivirals are widely available to older adults and those with compromised immune systems.