 ABC's Daria Albinger says there are more signs inflation is headed in the right direction. The Federal Reserve said it was only a matter of time before it would cut interest rates, but with persistent inflation, the central bank has had to delay doing that. We wanted to have greater confidence that inflation was moving sustainably down toward our 2% target. Chair Jerome Powell is speaking at the Economic Club of Washington. What increases that confidence in that is more good inflation data, and lately here we have been getting some of that.