OAN Staff&nbsp;<a href="https://www.oann.com/tag/alicia-summers">Alicia Summers</a> 2:06 PM – Wednesday, February 12, 2025 The latest inflation report is out, and the Consumer Price Index (CPI) came in hot, rising from 2.9% to 3.0%. Two major drivers of this increase are eggs and housing. Egg prices have skyrocketed 53% over the past year due to the bird flu, while rising new home construction costs are adding pressure to inflation. This could delay any interest rate cuts from the Federal Reserve. To break down what this means for everyday Americans, Alicia Summers is joined by Patrick Mueller, RFC and President of Bella Advisors, to discuss inflation concerns, the housing market, and the potential impact on interest rates. <figure class="wp-block-video"><video autoplay="" controls="" loop="" poster="https://www.oann.com/wp-content/uploads/2022/04/vid-poster-image.jpg" src="https://d1cc0p6j4uj4n9.cloudfront.net/036a8f25-f27e-4ee0-b999-e1204e3bda29/mp4/dd8ae961-2480-4e05-b21c-1de501712aa4_Mp4_Avc_Aac_16x9_1280x720p_30Hz_3.5Mbps_qvbr.mp4" width="100%" height="auto"></video></figure>

The latest inflation report is out, and the Consumer Price Index (CPI) came in hot, rising from 2.9% to 3.0%. Two major drivers of this increase are eggs and housing. {ai:summary}Inflation has risen to 3.0%, up from 2.9%, primarily driven by significant increases in egg prices and housing costs. Egg prices have surged 53% over the past year due to bird flu, while new home construction costs are exerting additional inflationary pressure.These factors may postpone anticipated interest rate cuts by the Federal Reserve, raising concerns for everyday Americans regarding the housing market and overall economic stability. #economy

Inflation Ticks Up To 3.0% - Fueled By ‘Egg-Flation’ And ‘Home-Flation’

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