McDonald’s CEO Chris Kempczinski warned of a "two-tier economy" as the fast-food giant brought back its Extra Value Meals this week in hopes of capturing budget-conscious consumers.

Kempczinski made the remark during an appearance on CNBC as McDonald’s announced it will offer eight meal bundles at breakfast, lunch and dinner, each costing 15% less than buying the items separately.

"Particularly, with middle- and lower-income consumers, they’re feeling under a lot of pressure right now. I think there is a lot of commentary about what’s the state of the economy, how is it doing and what we see is it’s really kind of a two-tier economy," Kempczinski said.

"If you are upper-income, earning over $100,000, things are good. Stock markets are near all-time highs, you are feeling quite confid

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