Fed Chairman Jerome Powell Tested Positive for COVID 19, Will Continue Work From Home

Jeremy Powell - Federal Reserve

Federal Reserve Chair Jerome Powell tested positive for COVID-19 on Thursday and is currently working from home, a Fed spokesperson said in an emailed statement.

“Chair Powell tested positive for COVID-19 late yesterday and is experiencing symptoms,” the statement read.

Jeremy Powell – Federal Reserve

He is following guidance from the U.S. Centers for Disease Control and Prevention by working from home and avoiding contact with others.

This announcement comes after Powell’s recent trip to Europe, where he appeared on stage Tuesday at an event in Amsterdam with Dutch central bank president Klaas Knot.

Jeremy Powell – Federal Reserve

Powell, 71, last tested positive for COVID-19 in January 2023.

Financial markets showed little reaction to the news of Powell’s latest COVID-19 infection. The next Federal Reserve policy meeting is scheduled for June 11-12.

Powell was scheduled to give commencement remarks in person at Georgetown Law School on Sunday. Instead, he will deliver his speech via prerecorded video, the statement said.

Mason Williams
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