Money Inflation is battering lower-income households most as food, housing costs soar, Fed study says January 18, 2023January 20, 2023Paul Davidson, USA TODAYComments Off on Inflation is battering lower-income households most as food, housing costs soar, Fed study says Inflation is hurting lower-income households most as food and housing costs surge. That reverses a pattern that hit middle-income Americans hardest.