Speaking to the IMF, Powell said vaccinations and rapid rehiring signal the U.S. will fully reopen soon
A robust recovery later this year could accelerate inflation and send long-term rates surging
The U.S. economy added 379,000 jobs last month
The U.S. central bank's current policy stance is appropriate, the Fed chair said
Least advantaged households have been most affected by job losses, the Fed chair said
The Fed has pinned its benchmark short-term rate near zero
On Wednesday, Powell may aim to puncture speculation about the Fed curtailing its bond purchase program
U.S. employers shed 140,000 positions in December
Central bank predicts brighter economy for 2021
The central bank's policy meeting coincides with a record-shattering resurgence of the coronavirus