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Three people are looking at eggs in a grocery store
Customers shop for eggs at a H-E-B grocery store on February 08, 2023 in Austin, Texas.

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  • US egg prices have plunged 32% from their January peak, suggesting the Fed is winning its inflation battle.
  • The average cost of a dozen eggs is $3.27, down from $4.82 at the start of 2023. 
  • "These retail price declines should continue with wholesale egg prices crashing, now down over 80% from their January high," Charlie Bilello said. 

US egg prices are crashing, suggesting the Federal Reserve is winning its war against inflation. 

The average cost of a dozen eggs has fallen 32% from its peak in January, from $4.82 to $3.27, according to the Bureau of Labor Statistics. 

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Markets, MI Exclusive, egg prices, Egg price crisis, Inflation, inflation powell, inflation fed, Grocery, Interest Rates, Monetary Policy
Source
Crashing egg prices signal the Fed is winning its war against inflation