 And more good data would strengthen our confidence that inflation is moving sustainably toward 2%. Powell did not provide what Wall Street investors and Senate Banking Committee Chair Sherrod Brown are watching for most closely, any clear indication of the timing for when the Fed might make its first rate cut. Every month that the Fed keeps rates high, Mr. Chair, it costs Americans money by making it more expensive to buy a house and to borrow money. Higher borrowing costs stifle future economic growth. I'm Ed Donohue.