With the latest 2.5% cost-of-living adjustment (COLA) in effect, the average benefit has climbed to $1,976 per month. It's ...
The non-partisan advocacy group The Senior Citizens League predicts the 2026 COLA will be 2.1%, based on data from the Bureau ...
The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts. That may be broadly good news for the Fed.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Prices for electricity, automotive fuel and new houses were the main factors in falling inflation. A larger than expected ...
The cost of living rose more in December than the month before, as rising energy costs hurt household budgets and stoked inflation. However, "core" prices were cooler, providing some hope for lower ...
With inflation accelerating again, and the labor market on reasonably solid footing, the Fed pivoted back to wait-and-see. Read more here.
The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
After a two-day meeting of its monetary policy committee in Washington, the Fed announced it would hold its rate target at 4.25% to 4.50%.
The closely scrutinized monthly consumer-price index is due at 8:30 a.m. ET. Here are some key points to know ahead of the report: Economists expect annual inflation to come in at 2.9% as of December, ...
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...