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904 The spike in gas prices is worsening the K-shaped economy

Business Insider
Madison Hoff,Juliana Kaplan @ Business Insider · 05/06/2026 11:35 EDT

The spike in gas prices is worsening the K-shaped economy

A new report from the Federal Reserve Bank of New York showed what higher prices at the gas pump mean for the K-shaped economy and low-income earners.

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