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Surging gas prices are hitting lower-income households harder, New York Fed study shows

economy CNBC By CNBC Wed, 06 May 2026 19:27:54 GMT 1 min read
Surging gas prices are hitting lower-income households harder, New York Fed study shows

Lower-income consumers are compensating for higher gas prices by buying less.

Lower-income consumers are compensating for higher gas prices by buying less.

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