1 year ago
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Federal Reserve Board Chairman Jerome Powell holds a quality league pursuing the announcement that the Federal Reserve raised involvement rates by fractional a percent point, astatine the Federal Reserve Building successful Washington, U.S., December 14, 2022.
Evelyn Hockstein | Reuters
Federal Reserve Chairman Jerome Powell has tested affirmative for Covid-19, the cardinal slope announced Wednesday morning.
Powell, 69, is "experiencing mild symptoms," according to the announcement.
"Chair Powell is up to day with COVID-19 vaccines and boosters. Following Centers for Disease Control and Prevention guidance, helium is moving remotely portion isolating astatine home," a quality merchandise said.
No further details were provided.
The policymaking Federal Open Market Committee adjacent meets Jan. 31-Feb. 1. Markets wide expect the Fed to o.k. a 0.25 percent constituent involvement complaint summation that would instrumentality the benchmark borrowing complaint to a targeted scope of 4.5%-4.75%.
Powell's astir caller nationalist quality was a sheet treatment Jan. 10 astatine the Riksbank successful Sweden.
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