Federal Reserve Chairman Kevin Warsh has said that inflation is a "choice." The same could also be true of how inflation is measured. Warsh has formulated five task forces to look at an array of Fed ...
High gas prices pushed annual inflation to the highest level in three years, according to May data released by the Commerce Department on Thursday. The Federal Reserve’s preferred inflation gauge, the ...
The core personal consumption expenditures price index showed a 3.4% annual rate after rising 0.3% for the month. The core annual reading was the highest since October 2023. The Fed's primary ...
The Federal Reserve’s new chairman has vowed to deliver price stability, but officials are at odds over whether that will require higher borrowing costs. By Colby Smith and Ben Casselman Colby Smith ...
A hotter inflation outlook signals a larger Social Security COLA, but IRS provisional income thresholds frozen since 1984 mean more of it becomes taxable. Married filers hit provisional income ...
The Personal Consumption Expenditures index — the Federal Reserve's preferred inflation measure — rose at a 4.1% annual rate in May, highlighting the central bank's challenge in reining in prices. The ...
Inflation has lowered somewhat during President Donald Trump’s second term, but it’s not “plummeting,” as he boasted in his State of the Union speech. And he falsely claimed he inherited “record ...
A married couple in their early 70s, living mostly on Social Security with modest withdrawals from a traditional IRA, just heard news that should feel good. On June 17, 2026, the Federal Open Market ...
The annual rate of PCE inflation is forecast to be 4.1% by FactSet, its highest level since April 2023. Economists expect May to mark this year’s inflation peak, as lower oil prices and easing tariff ...
Trump's Iran war and tariffs are causing higher inflation. Higher inflation now could point to a higher 2027 Social Security COLA. However, the final COLA figure won't be available until mid October.
Inflation is rising — but U.S. consumers seem to be shrugging it off, for now. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. A key measure of ...
Social Security COLAs are based on inflation. To be specific, they're calculated using the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). The Social Security Administration ...
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