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“The price of electricity went up during the inflation years and hasn’t come down that much.” Housing takes up to 50% of budgets. The shelter index increased 0.4% in July, up 5.1% year over ...
Social Security benefits lost buying power in 2025. The cost-of-living adjustment (COLA) applied to Social Security payments in any given year is based on CPI-W inflation from the third quarter of ...
The Senior Citizens League estimated that the Social Security cost-of-living adjustment for 2025 could be 2.4%. ... by 2.4% for 2025, based on current inflation ... for higher costs last year for ...
According to updated economic forecasts from the Fed's Summary of Economic Projections (SEP), the central bank sees core inflation hitting 2.5% next year, higher than its previous projection of 2. ...
The producer price index released a day earlier on January 14 reported a modest 0.3% increase in wholesale prices in December, rising 3.3% year over year, up from 3% in November.
With inflation easing, the 2025 COLA, or cost-of-living ... The official name for CPI-W is the Consumer Price Index for Urban Wage Earners and Clerical Workers. ... The COLA announced in 2023 and ...
Inflation is cooling to 2.4%, and interest rates are shifting, too. Which means 2025's financial landscape is going to look different from the past few years. Given these conditions, here's what a...
While some experts are already estimating the 2025 COLA based on recent inflation data (The Senior Citizen League currently projects a 2.63% COLA for next year), we won't know the official figure ...