 Howell says the recent price data has been encouraging. Although inflation seemed to stall early this year at an uncomfortably high level, it resumed its downward trend in April and May. We'll get a reading on June's inflation rate tomorrow. Powell hopes that offers more signs that inflation is settling down towards the central bank's long-term target of 2%. We've had one good and one very good inflation reading, and we need more good data so that we can be confident