Federal Reserve Chair Jerome Powell has tested positive for COVID-19, the Fed announced in a statement on Thursday. Powell, who is 71 years old, is currently experiencing symptoms and is working from home. He is following guidance from the U.S. Centers for Disease Control and Prevention and staying away from others.
Powell’s positive test comes after a trip to Europe this week, where he appeared on stage at an event with Dutch central bank president Klaas Knot in Amsterdam. Powell last tested positive for Covid in January 2023.
There was little reaction in financial markets after the Fed’s announcement of Powell’s 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.
