The Social Security Administration's website reveals how a specific measure of CPI can impact these adjustments. "According to the formula, COLAs are based on increases in the Consumer Price Index ...
The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts.
The Social Security cost-of-living adjustment officially goes into effect in December of each year -- so technically speaking ...
If you receive Social Security benefits, your payments are getting bigger this year. That’s because you’re getting a Cost of Living Adjustment or COLA. COLAs happen most years, and they are designed ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is unlikely to cut rates in January.