The inflation that causes pain is history, literally. The 7% inflation of the Biden years is like having a hole in the boat.
The water is in, even if the holes have been plugged.
It will take a while for the pumps to catch up.
Today's prices are (some of them, anyway) the result of the worst 4 years of inflation since Carter was in office.
Slowing that increase (reducing the RATE at which prices go up) is what reducing inflation does.
It does not mean prices will go down. It just means they quit skyrocketing.
Understanding the difference is fundamental economics, but people still think slowing inflation will reduce prices.

No wonder they are disappointed.
(Fuel prices are down in states which haven't increased their taxes to keep prices high, eggs are back down because the supply issues have been fixed, and beef will take a while longer. But those are supply/demand economics.)