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‘Squeezing more life out of every dollar’: How inflation is forcing a new reality on American families and amplifying the economy’s ‘K shape’

Economy MarketWatch By Greg Robb 03 Jun 2026 21:03 1 min read
‘Squeezing more life out of every dollar’: How inflation is forcing a new reality on American families and amplifying the economy’s ‘K shape’

Higher prices are crimping spending among lower- and middle-income consumers, the Fed’s beige book reports.

Higher prices are crimping spending among lower- and middle-income consumers, the Fed’s beige book reports.

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