
Federal Reserve Chairman Jerome Powell has tested positive for COVID-19 and is experiencing mild symptoms, the central bank announced Wednesday.
Powell is working remotely while isolating at home, the statement said.
The next Fed interest-rate committee meeting in on Jan. 31-Feb. 1.
The Fed chairman is up to date with COVID-19 vaccines and boosters.
Powell will be 70 in February.
U.S. daily COVID cases have risen recently as part of a winter wave although the increase is nothing like last year.
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The Dow Jones Industrial Average
DJIA,
-1.02%
turned lower when the statement was released at 10:30 a.m. Eastern.
Jaimy Lee contributed to this story