Inflation Still Hurts Real Wallets | Cleveland News

Inflation’s still biting—July numbers show a 3.4% jump, barely dipping from June but way above the Fed’s 2% goal. Everyday folks like Ines in Cleveland are feeling the pinch: groceries, insurance, and costs keep climbing with no relief in sight. Officials admit numbers alone don’t capture the real struggle, and after missing their target for over five years, they’re signaling it’s time to act—with a possible rate hike on the table for September. All this comes just before midterms, where voters are torn between economic pain and political gridlock, leaving many stuck between two messy choices. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/9df2fd95c3a83d8a