As the world emerges from the pandemic and economies adjust to rising interest rates, growth is no longer a uniform tide lifting all boats. The US Federal Reserve has highlighted a “K-shaped economy,” ...
The K-shaped economy is no longer a niche term from academic seminars, it is the shorthand economists now use for a split reality in which one slice of America races ahead while another falls behind.
WASHINGTON (AP) — From corporate executives to Wall Street analysts to Federal Reserve officials, references to the “K-shaped economy” are rapidly proliferating. So what does it mean? Simply put, the ...
This is read by an automated voice. Please report any issues or inconsistencies here. The “K-shaped economy” describes how wealthy Americans enjoy rising incomes and wealth while lower-income ...
To borrow a phrase made famous by Sesame Street, today’s economy is brought to you by the letter K and the number 175,000. Adopting letters as stand-in descriptors for economic conditions is a ...