 Mary Daly, who heads the Federal Reserve Bank of San Francisco, says it looks like inflation is moving in the right direction. First and foremost, it's a relief to Americans who are out trying to run businesses or purchase things that just the price inflation is falling. If you step back and look at the last 12 months, prices are up just 3%. Compare that to average wages, which are up nearly 4% over that period. And it's clear workers are making some real headway now in terms of how far their paychecks will go.