Since Trump’s election, the price of eggs has increased, and they anticipate going up another 20 to 30 percent this year.
The price that I pay for gasoline here in Houston has gone up 20 cents.
The interest rates on mortgages have gone up.
The mail service is getting worse.
The only good thing is that none of his executive orders will affect me or my family.
Think Egg Prices Are Already Too High? USDA Says Retail Egg Prices Could Jump Another 20% in 2025
According to the January 2025 Food Price Outlook, egg prices saw the biggest spike, up 37% year-over-year. When you look ahead, USDA expects outbreaks of highly pathogenic avian influenza (HPAI) to continue to cause egg prices to climb.
Coffee
Arabica coffee futures have soared to multi-decade highs, increasing investor concerns about Starbucks Corp. (NASDAQ:SBUX) margins and pressuring the company’s valuation multiple. With average coffee price inflation expected to be 75.5% for Q1 2025, the coffee giant could face significant challenges.
Mortgage Rates
NEW YORK, Jan 8 (Reuters) – Longer-term U.S. Treasury yields have surged to multi-month highs, outpacing a rise in shorter-dated yields, with some of the disparity reflecting anticipation that the incoming Trump administration will need to change the current focus on relying more on short-term debt, traders say.
President Joe Biden’s Treasury Secretary Janet Yellen has increased sales of Treasury bills, debt maturing in one year or less, which have seen strong demand from money market investors.
Outstanding Treasury debt has surged to $36 trillion from $23 trillion in late 2019 as the government relies more on debt to finance spending and plug its budget deficit, which analysts expect will continue to worsen for the foreseeable future.
Treasury bills now account for 22% of debt, above the 15-20% recommendation by the Treasury Borrowing Advisory Committee.
Two inflation songs to choose from, Blues or Country.
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