# Ep. 374: Dominique Dwor-Frecaut on the K-Shaped US Economy, AI Supply Shocks, and Fed Hikes

Page: https://stenobird.com/podcast/macro-hive-conversations-with-bilal-hafeez-524900/ep-374-dominique-dwor-frecaut-on-the-k-shaped-us-economy-ai-supply-shocks-and-fed-hikes
Text version: https://stenobird.com/podcast/macro-hive-conversations-with-bilal-hafeez-524900/ep-374-dominique-dwor-frecaut-on-the-k-shaped-us-economy-ai-supply-shocks-and-fed-hikes.md
Podcast: [Macro Hive Conversations With Bilal Hafeez](https://stenobird.com/podcast/macro-hive-conversations-with-bilal-hafeez-524900)
Published: 2026-09-04T07:00:00+00:00
Episode link: https://macrohive.libsyn.com/ep-374-dominique-dwor-frecaut-on-the-k-shaped-us-economy-ai-supply-shocks-and-fed-hikes
Audio file: https://traffic.libsyn.com/secure/macrohive/MH_w_DOMINIQUE_.mp3?dest-id=1929056
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JSON: https://stenobird.com/v1/public/podcasts/macro-hive-conversations-with-bilal-hafeez-524900/episodes/ep-374-dominique-dwor-frecaut-on-the-k-shaped-us-economy-ai-supply-shocks-and-fed-hikes
Duration seconds: 2038

## Resource

Dominique Dwor- Frecaut is the Chief US economist and macro strategist for Macro Hive and is based in Los Angeles. Before that, she worked at various hedge funds , including Bridgewater. Prior to the buy side, she worked at the New York Fed, IMF, and the World Bank. She holds a PhD in Economics from the London School of Economics. In this podcast, we discuss: The "Low-Hire, Low-Fire" Labour Puzzle The Imported AI Capex Illusion Chips as the New Oil Supply Shock The K-Shaped Consumer & GFC-Level Delinquency The Fragile Savings Rate Cushion The Return of FOMC Dissension The Waller Swing Vote & the 2026 Rate Path The 2027 AI De-escalation Surprise

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