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Federal Reserve Chairman Jerome Powell prepares to testify before the House Financial Services Committee on Thursday, June 23, 2022, in Washington. When Powell last appeared before Congress, inflation had reached a four-decade high of nearly 9% and showed no sign of easing. This week, Powell returns to Capitol Hill for two days of hearings under far different circumstances. (AP Photo/Kevin Wolf) ** FILE **

Federal Reserve Chairman Jerome Powell prepares to testify before the House Financial Services Committee on Thursday, June 23, 2022, in Washington. When Powell last appeared before Congress, inflation had reached a four-decade high of nearly 9% and showed no sign of easing. This week, Powell returns to Capitol Hill for two days of hearings under far different circumstances. (AP Photo/Kevin Wolf) ** FILE **

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