Americans still feeling slight inflation squeeze despite rising wages

"There's good news and bad news ... the decline in people's incomes was worst in 2021 - 2022, remember when we had 9% inflation," explained Steve Moore. "The good news is that inflation has really come down a lot, and thank God ... but people are still on average a little bit poorer today when you adjust for inflation in terms of their buying power than they were four years ago."

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