By Rob Lenihan Stock futures are lower Wednesday as Target posts disappointing earnings and Fed Chair Powell warns ‘there could some pain involved’ with the Fed’s approach to inflation. Stock futures were falling Wednesday following disappointing results from another major retailer and comments from Federal Reserve Chair Jerome Powell regarding the Fed’s efforts to combat inflation. Futures for the Dow Jones Industrial Average were down 161 points, or 0.49%, to 32,420, while S&P 500 futures lost 0.67% and futures for the tech-heavy Nasdaq slipped 0.99%. Target (TGT) – Get Target Corporation Re…