Core Insights - The Federal Reserve's Goolsbee indicates that tariffs will continue to exert a stagflationary effect on the economy, suggesting that the temporary nature of agreements will place additional pressure on economic conditions [1] Group 1 - Tariffs are expected to have a lasting stagflationary impact on the economy [1] - The temporary nature of trade agreements is likely to create further economic stress [1]

Core Insights - The article highlights that economic pressures are impacting middle-income consumers, which is affecting their spending habits and choices [1] Group 1: Economic Impact - Economic pressures are leading to a shift in consumer behavior among middle-income groups, resulting in reduced spending at fast-food chains like McDonald's [1] - The article suggests that these consumers are increasingly seeking value and affordability in their food choices due to rising costs [1] Group 2: Consumer Behavior - Middle-income consumers are prioritizing budget-friendly options, which may lead to a decline in sales for premium offerings at fast-food restaurants [1] - The trend indicates a potential long-term shift in consumer preferences as economic conditions continue to evolve [1]