Consumers in the United States have noticed that the cost of eggs has soared in recent weeks, and are keen to understand why this has happened.

Rising food and housing costs have hit the lowest-income Americans the hardest in recent years.

On Friday, the attention will shift to the Fed’s favored inflation gauge, the personal consumption expenditures index. It’s expected to show a small acceleration in price hikes by increasing 2.5% from a year earlier, up from 2.4% in the previous month, according to the median forecast of economists surveyed by Bloomberg.

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The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts. That may be broadly good news for the Fed.

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Americans can continue to expect high prices for eggs this year, new estimates show, due to the ongoing avian flu outbreak and inflation.

Fresh inflation data released this week brings one big question: Will the Federal Reserve keep interest rates steady at its upcoming meeting? The numbers suggest the central bank will hold off on further changes,

Egg prices continue to soar across the United States amid a supply shortage, as President Donald Trump faces pressure to fulfil his campaign pledge to bring down their cost. The Consumer Price Index shows egg prices are up 36.

The Michigan Consumer Sentiment survey declined in January as the responses revealed a stark divide over how Americans feel about President Donald Trump’s economic proposals.

Alongside bird flu, extreme environmental conditions and national disasters have caused food prices to soar. Ongoing drought conditions in the Western and Plain states have threatened the livelihood of livestock, forcing many producers to start cutting back on their herds.

When former President Joe Biden imposed regulations on Big Oil and encouraged clean energy, his goal was to preserve the climate for future generations. When President Donald Trump restricted wind energy and suspended environmental laws,