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

CNBC · May 6, 2026, 4:32 PM · Also reported by 1 other source

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

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NY Times Higher Gas Prices Are Hitting Lower-Income Americans the Hardest

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

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