Why are consumers pessimistic about the economy while inflation is cooling?

Inflation hit the highest level in four decades a little more than two years ago, and while it has cooled substantially since then and the labor market has remained resilient despite high interest rates, American consumers are still feeling squeezed by it.The economy is the top issue for voters as they cast their ballots ahead of Election Day on Tuesday, and while pocketbook concerns are often at the forefront of voters' minds, that's particularly true in the wake of a historic inflationary