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Americans feel the weight of high prices despite overall ease in inflation

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July's Consumer Price Index seems to bring good news as progress continues being made to hit the Federal Reserve's 2% inflation target.

But this comes as many still struggle under the weight of high prices and rising interest rates.

For a closer look, KCBS Radio news anchors Eric Thomas and Margie Shafer spoke with Mark Hamrick, Bankrate Senior Economic Analyst.

Spencer Platt / Staff / Getty Images

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