Tag: inflation
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Social Security Administration announces 3.6% cost-of-living adjustment for 2027
With a 3.6% COLA for 2027, Social Security retirement benefit checks will go up by $75 per month, on average, the agency said.
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US inflation rises more than expected ahead of midterm elections
The pace of price rises increased to 3.7% in the year to September, driving by higher motor fuel costs.
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Consumer prices rose at 3.7% annual rate in September as gas costs skyrocket
The consumer price index was expected to increase 0.6% in September on a monthly basis and 3.6% from a year ago, according to the Dow Jones consensus forecast.
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China’s September exports soar, putting US$1 trillion trade surplus in sight
BEIJING: China’s trade surplus widened more than expected in September as exports surged, keeping the country on track to surpass last year’s record surplus and likely intensifying trade tensions with major partners.Global demand for semiconductors and green-tech products has helped keep China’s factories hum
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China’s September exports blow past forecasts, imports accelerate
BEIJING: China’s export growth topped forecasts in September, with robust overseas demand helping offset weak consumer spending and easing pressure on policymakers to deliver this year’s growth goal.Resilience in goods exports has for a second year defied pressure from Western countries seeking more balanced
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China factory-gate inflation heats up as commodity costs rise, CPI lags
BEIJING: China’s producer prices rose at their fastest pace in more than four years in September while consumer inflation edged up, as pricier oil and commodities lifted factory-gate costs even as weak domestic demand kept broader price pressures contained.The data suggests prices are revving up for manufactu
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Don’t let inflation bite — how to hedge with TIPS, commodities and infrastructure funds
TIPS are looking attractive but they aren’t the only way to get inflation protection.
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Social Security cost-of-living adjustment for 2027 may be above average. Some say it’s not enough
The Social Security Administration is expected to announce the cost-of-living adjustment for 2027. Projections point to a higher-than-average increase.
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Goolsbee says AI-induced inflation is ‘jumping out of its lane,’ Semafor reports
Oct 13 : Federal Reserve Bank of Chicago President Austan Goolsbee said on Tuesday that inflation is starting to feel like “aggregate overheating” fueled by spillovers from the artificial intelligence investment boom rather than largely being a byproduct of supply shocks that will pass on its own.”This is sta
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Dollar holds 18-month high as Gulf tension, US inflation keep investors on edge
NEW YORK, Oct 12 : The dollar held at an 18-month high on Monday, supported by safe-haven demand as attacks escalated in the Middle East over the weekend, keeping investors cautious ahead of key US inflation data later this week.The dollar index, which tracks the US currency against six others, was up 0.37 p
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