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US Inflation Eased Slightly Last Month as Price Increases Extend Slow Descent

WASHINGTON — Measures of U.S. inflation barely declined in September, evidence that consumer price increases are grinding lower at a gradual pace. Consumer Prices and Inflation Consumer prices rose 0.4% from August to September, below the previous month's 0.6% pace. Thursday’s report from the Labor Department also showed that year-over-year inflation was unchanged...

Social Security Benefits Will Increase by 3.2% in 2024 as Inflation Moderates

WASHINGTON — Millions of Social Security recipients will get a 3.2% increase in their benefits in 2024, far less than this year's historic boost and reflecting moderating consumer prices. The cost-of-living adjustment, or COLA, means the average recipient will receive more than $50 more every month beginning in January, the Social Security Administration...

The Social Security Cost-of-Living Adjustment Is Coming — But It Won’t Be as Big as This Year’s

WASHINGTON — Looking ahead to retirement next spring, Karla Abbott finds comfort in the cost-of-living increase that millions of Social Security recipients get each year. But with consumer prices easing, the new boost will be far lower than this year's 8.7% Analysts estimate the adjustment for 2024 will be around 3.2%. After...

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