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Inflation may be easing — but low-income people are still paying the steepest prices

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The soaring costs of basic necessities such as food and housing are disproportionately hitting people with lower incomes. Here, a house is available for rent in Los Angeles on March 15. (Mario Tama/Getty Images)
The soaring costs of basic necessities such as food and housing are disproportionately hitting people with lower incomes. Here, a house is available for rent in Los Angeles on March 15. (Mario Tama/Getty Images)

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