Fed Beige Book reveals an "E-shaped" economy: high earners spend big while the middle class stretches every dollar amid rising strain.

middle-income households were described as “squeezing more life out of every dollar before deciding to spend it,” and low-income consumers showed greater financial strain.

Fed Beige Book reveals an "E-shaped" economy: high earners spend big while the middle class stretches every dollar amid rising strain.

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleA new Federal Reserve report, known as the…