While the final COLA won’t be announced until October, projections are becoming more refined as midyear data solidifies.

That’s higher than the 2.3% year-over-year increase reported for May. According to Johnson, the COLA could reach 2.7% if current inflation trends continue — her highest estimate so far this year.

This silver lining is especially important after the slowdown in inflation stalled in the first quarter. Signs of inflation being stuck raised fears that the Federal Reserve could hike rates again ...

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U.S. Inflation Rate data by YCharts. A silver lining for retirees: another above-average COLA Throughout the 2010s, Social Security COLAs were mostly forgettable.

The report highlighted that the Consumer Price Index (CPI) inflation may average around 3.1 per cent in FY26, significantly ...