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Shaped Economy: Inflation, Stock Market Gains
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Shaped Economy: Inflation, Stock Market Gains

1 min read

The US has been in a K-shaped economy. New research explains what's driving that, including inflation's impact.

The prongs of the K-shaped economy are being propped up by two dreary economic realities: lower earners are getting hit harder by inflation, and left behind by blockbuster stock market gains. A new analysis from the Federal Reserve Bank of New York l... [2911 chars]

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Source: Business Insider

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