2026-02-01 21:19:13

The wealth divide is spreading to inflation:

New Fed data shows that lower income US households now face HIGHER rates of inflation than higher income earners.

The bottom 40% of US households is seeing annual inflation rates of ~3.1%.

Meanwhile, the middle 40% and top 20% see inflation rates of ~2.9%.

Why is this happening?

Because lower-income households are spending a higher % of their income on necessities.

This includes rent, electricity, food, and transportation, which have far outpaced headline inflation numbers.

Inflation remains higher for many US households.

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