The Federal Reserve raised its key interest rate to the highest level in 22 years on Wednesday. The announcement is a sign that — despite 12 months of consecutive decline — prices remain too high. But most Americans don’t need the Fed or financial analysts to know that inflation remains elevated. According to a June survey from the Pew Research Center, inflation ranked as the top national issue among respondents, with 65% saying that it was a “very big problem.”
Inflation’s toll has also shown up on Reddit, where hundreds of users recently shared the sacrifices they’ve made because of inflation. We’ve recorded some of the most popular responses to shine a light on inflation’s effect on everyday Americans.