K-shaped economy is showing up at the gas pump: NY Fed

Source: NewsNation · Bias: Center

Summary

Low-income households are cutting back on gas as prices surge, while wealthier households remain largely unfazed.

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K-shaped economy is showing up at the gas pump: NY Fed
NewsNation

K-shaped economy is showing up at the gas pump: NY Fed

Center

Low-income households are cutting back on gas as prices surge, while wealthier households remain largely unfazed.