Inflation Sets Off Alarms Around the World

Inflation Sets Off Alarms Around the World

This post was originally published on this siteMore than a dozen central banks have raised interest rates but two that haven’t are those that loom largest over the global economy: the Federal Reserve and the European Central Bank.

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Social Security cost-of-living increase will boost benefits 5.9% in 2022 as inflation spikes

Social Security cost-of-living increase will boost benefits 5.9% in 2022 as inflation spikes

This post was originally published on this siteSocial Security payments are set to rise 5.9% in 2022 for 68 million retirees, disabled people and others. That’s the most since 1982.     

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Inflation Likely Stayed High in September

Inflation Likely Stayed High in September

This post was originally published on this siteEconomists estimate inflation rose 5.3% in September from a year earlier as pandemic-related shortages of labor and materials continued to push up prices.

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Social Security Payments Could Increase the Most in 40 Years

Social Security Payments Could Increase the Most in 40 Years

This post was originally published on this siteSeniors and other Americans receiving Social Security benefits in 2022 are likely to see a roughly 6% boost, reflecting surging inflation during the pandemic.

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