Federal Reserve Chair Jerome Powell tests positive for COVID

Kevin Dietsch

• Federal Reserve Chair Jerome Powell tested positive for COVID-19, the U.S. central bank said Wednesday. As a result, he'll work remotely while isolating at home, in accordance with Centers for Disease Control and Prevention guidance.
• Powell, who is 69 years old, is up-to-date with his COVID vaccines and boosters, the Fed said.
• The next monetary policy decision meeting takes place Jan. 31 and Feb. 1, just under two weeks away.
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• Last week, the HHS extended the COVID-19 public health emergency, possibly for the final time.