 money news at 10 and 40 past the hour brought to you by pen fed great rates for everyone here's dan ronan and kyle federal reserve chairman jerome powell wrapped up remarks a short time ago at the economic club of washington he indicates the central bank may be willing to cut interest rates to keep the economy growing and that two percent goal is a goal not a hard goal that you have to hit he said if you want to have inflation get all the way to two percent he said you've probably waited too long