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FILE - In this Tuesday, Dec. 1, 2020, file photo, Federal Reserve Chairman Jerome Powell, right, testifies before the Senate Banking Committee on Capitol Hill in Washington. Powell says the economic recovery from the coronavirus pandemic has progressed more quickly than expected. But still, he says the central bank does not intend to let up in its support efforts. (AP Photo/Susan Walsh, Pool, File)

FILE - In this Tuesday, Dec. 1, 2020, file photo, Federal Reserve Chairman Jerome Powell, right, testifies before the Senate Banking Committee on Capitol Hill in Washington. Powell says the economic recovery from the coronavirus pandemic has progressed more quickly than expected. But still, he says the central bank does not intend to let up in its support efforts. (AP Photo/Susan Walsh, Pool, File)

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