Browsing Tag
Inflation
113 posts
Inflation is the rate at which the general level of prices for goods and services rises over time, reducing the purchasing power of money. It means that each unit of currency buys fewer goods and services than before. Inflation is usually measured as an annual percentage and can result from increased demand (demand-pull), higher production costs (cost-push), or expansion of the money supply. Moderate inflation is normal in a growing economy, but high or unpredictable inflation can hurt savings, investments, and overall economic stability, while deflation (the opposite) can also be harmful.
Updated 2025 Social Security COLA Forecasts Point Toward Lower Raise
Two forecasts updated today based on new CPI data both remain significantly lower than this year’s 3.2% increase
July 11, 2024
2025 Social Security COLA Forecasts Recede Slightly
Predictions for next year’s raise decline for first time this year based in today’s inflation data
June 12, 2024
Financial Health Gap Between Americans Widens
New Financial Finesse data shows macroeconomic conditions are generating additional wealth for those with assets while simultaneously impoverishing those already struggling
June 5, 2024
2025 Social Security COLA Estimate Jumps to 3%
Stubborn, higher than expected inflation numbers lead to fourth consecutive increase in the monthly estimate, up sharply from 1.4% in January
April 10, 2024
Savers Concerned About Inflation; Few Taking Action to Combat It
Lincoln Financial study finds inflation is No. 1 financial concern among consumers across generations
April 2, 2024
Americans Experience Dips in Financial Security
Northwestern Mutual reports record-highs in the number of workers who feel financially insecure
March 13, 2024
Early 2025 Social Security COLA Forecast Rises Again
The Senior Citizens League raises its outlook for next year’s cost of living adjustment to 2.4% based on latest inflation data released today
March 12, 2024
Inflation and Unemployment Decline While Account Balances Grow: Vanguard
Despite the fall with inflation and unemployment, loan issuances and hardship withdrawals increased moderately last year
March 11, 2024
Bob Doll’s 10 Predictions for 2024: Goldilocks Remains a Fairytale
Crossmark Global Investments CIO sees Republicans winning White House, a rough year for stocks with a mild recession
January 2, 2024
Financial Savings Strategies Among Leading Resolutions for 2024
Allianz Life data finds more U.S. workers are wanting to manage their money better or save more in the new year
December 18, 2023