https://www.live-feeds.com/feed/inflation-has-eaten-up-nearly-all-the-raises-of-the-past-two-yearsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/inflation-has-eaten-up-nearly-all-the-raises-of-the-past-two-yearshttps://www.live-feeds.com/feed/inflation-has-eaten-up-nearly-all-the-raises-of-the-past-two-years#u135576Mon, 19 Oct 2026 11:05:12 +0000Persistent inflation has eroded almost all of the wage gains accumulated by workers over the past two years, significantly cutting into consumer buying power. Economic data highlights widespread inequality across the United States economy as rising prices outpace earnings growth. In September, consumer prices jumped 3.7 percent from a year ago. This ongoing cost-of-living squeeze has wiped out real hourly pay gains recorded since the administration took office, forcing households to absorb severe financial pressure despite nominal pay increases.Why it mattersThe steady rise in living costs und