 Over the past two years, the economy has made considerable progress toward the Fed's 2% inflation goal. He indicated interest rate cuts could be in store, but didn't say when that could happen. Powell will be before the House Financial Services Committee today. And Target says it will no longer accept personal checks from shoppers as of July 15th due to the extremely low volume of the customers who still write them. That's your Fox Business Report. I'm Kevin Uretzky. Invested in you.