CNBC: Professor Francesco D’Acunto and Consumer Prices

Psaros Center Faculty Associate Francesco D’Acunto recently spoke to CNBC about the effects of rising consumer prices. In his feature, D’Acunto highlighted what the data shows most clearly: lower-income groups are disproportionately affected by increasing prices.

“Lower-income groups are in many ways affected most by increasing prices,” D’Acunto said. “The data is very clear about that.”