Federal Reserve Board Chairman Jerome Powell testifies before the House Financial Services Committee during a hearing on the Semi-Annual Monetary Policy Report, on Capitol Hill in Washington, Wednesday, Feb. 12, 2025. (AP Photo/Jose Luis Magana)Federal Reserve Board Chairman Jerome Powell testifies before the House Financial Services Committee during a hearing on the Semi-Annual Monetary Policy Report, on Capitol Hill in Washington, Wednesday, Feb. 12, 2025. (AP Photo/Jose Luis Magana)Federal Reserve Board Chairman Jerome Powell testifies before the House Financial Services Committee during a hearing on the Semi-Annual Monetary Policy Report, on Capitol Hill in Washington, Wednesday, Feb. 12, 2025. (AP Photo/Jose Luis Magana)Federal Reserve Board Chairman Jerome Powell testifies before the House Financial Services Committee during a hearing on the Semi-Annual Monetary Policy Report, on Capitol Hill in Washington, Wednesday, Feb. 12, 2025. (AP Photo/Jose Luis Magana)Rep. French Hill, R-Ark., Chairman of the House Financial Services Committee, speaks during a hearing on the Semi-Annual Monetary Policy Report, on Capitol Hill in Washington, Wednesday, Feb. 12, 2025. (AP Photo/Jose Luis Magana)Federal Reserve Board Chairman Jerome Powell testifies before the House Financial Services Committee during a hearing on the Semi-Annual Monetary Policy Report, on Capitol Hill in Washington, Wednesday, Feb. 12, 2025. (AP Photo/Jose Luis Magana)Federal Reserve Board Chairman Jerome Powell testifies before the House Financial Services Committee during a hearing on the Semi-Annual Monetary Policy Report, on Capitol Hill in Washington, Wednesday, Feb. 12, 2025. (AP Photo/Jose Luis Magana)Federal Reserve Board Chairman Jerome Powell testifies before the House Financial Services Committee during a hearing on the Semi-Annual Monetary Policy Report, on Capitol Hill in Washington, Wednesday, Feb. 12, 2025. (AP Photo/Jose Luis Magana)Federal Reserve Board Chairman Jerome Powell testifies before the House Financial Services Committee during a hearing on the Semi-Annual Monetary Policy Report, on Capitol Hill in Washington, Wednesday, Feb. 12, 2025. (AP Photo/Jose Luis Magana)Federal Reserve Board Chairman Jerome Powell testifies before the House Financial Services Committee during a hearing on the Semi-Annual Monetary Policy Report, on Capitol Hill in Washington, Wednesday, Feb. 12, 2025. (AP Photo/Jose Luis Magana)
Federal Reserve Board Chairman Jerome Powell testifies before the House Financial Services Committee during a hearing on the Semi-Annual Monetary Policy Report, on Capitol Hill in Washington, Wednesday, Feb. 12, 2025. (AP Photo/Jose Luis Magana)
