Fed Chair Powell: The best thing we can do for the public is to restore price stability

Thanks, Chair Powell. Uh, Kelly O'Grady, CBS News. You're famously known as the guy that makes decision based on data instead of speculation.You've said today in the inflation data is in a good place. We don't know how tariffs are going to impact prices going forward. That's uncertain, but I've got to go back to the last time that you cut rates in December, and there was still the what if of tariffs.So what made you feel comfortable cutting then when inflation was higher than where it is today and you didn' ...