 7.30, 23 now here on WDEL, and let's check in with Mark Mayfield as he looks at your money today. Federal Reserve Chair Jerome Powell says the U.S. is making progress on inflation. During a panel discussion at a conference in Portugal, Powell expressed satisfaction with the progress on inflation over the past year, but said he wants to see more before cutting interest rates. He said cutting rates too soon could set the central bank back from its goal of bringing inflation down to 2%.