Over the past two years, inflation pressures in the United States have eased, but many Americans still feel financial strain.
Despite a decline in inflation rates, price levels remain high compared to before the pandemic, affecting household budgets across the country.
The government's primary inflation measure excludes several essential expenses, which means that the official data may not fully reflect the financial realities faced by millions of consumers. This discrepancy shows the ongoing challenges in accurately capturing the economic experiences of the public in the face of fluctuating prices.