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MARITIMEINTELLIGENCEDAILY11 MAY 2026 MONDAY
GeneralHellenic Shipping News·3 days ago

Low-income Americans cut gas spending as prices surge, Fed says

Hellenic Shipping News

Lower-income Americans reduced their gasoline spending in March as fuel prices surged due to the conflict in Iran, while wealthy households maintained their consumption levels, according to a report from the Federal Reserve Bank of New York. The New York Fed found that after adjusting for higher prices, households ear