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Core inflation comes in higher than expected for second month
The latest consumer price index reinforces the Federal Reserve's cautious approach to cutting rates.
Consumer prices pick up in bumpy path down for inflation
New data reinforces Fed’s determination to keep interest rates elevated.
Social Security COLA could top 10% in 2023
Current inflationary trends point to the biggest benefit increase in 41 years, with June CPI showing a 9.1% jump over the last 12 months.
How COLA affects Social Security benefits
Those 62 and older profit from cost-of-living adjustments even if they're not yet collecting benefits.
Social Security COLA likely to top 6% in 2022
Continued inflationary pressures could result in the largest cost-of-living increase in benefits since 1983.