Social Security COLA May Lag Inflation Again in 2027
#SocialSecurity #InflationConcernsA senior advocacy group warns the predicted 2.8% Social Security cost-of-living adjustment for 2027 will not keep pace with inflation, disproportionately impacting elderly Americans who face higher costs for essentials like housing and healthcare. read more
#FederalReserve #InflationConcerns
Jerome Powell expresses concern over holding interest rates too high for too long, potentially impacting economic growth and jobs. The Federal Reserve prioritizes managing inflation, with plans to carefully time rate cuts to avoid negative repercussions. read more
#InflationConcerns #USPolitics
Voters prioritize concerns about inflation over Gaza, causing worry for President Biden as latest numbers show a 3.4% increase in inflation over the past twelve months, particularly affecting rising rent prices. read more