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Story summary
- The Bankrate survey of 2,497 U.S. adults shows 62% of workers say their income hasn't kept pace with rising expenses.
- Inflation slowed to 2.9% in August 2025 from 8.3% in August 2022, with rent and groceries also rising.
- Real earnings rose 0.6%, indicating slower wage growth.
- The Federal Reserve remains cautious about rate cuts because tariff-driven inflation and a government shutdown affect economic data.
