Inflation

Does low inflation hurt the economy?

Does low inflation hurt the economy?

Historically low inflation has taken hold across the developed world, from the United States to Europe to Japan. Economists say super-low inflation has likely slowed growth in those regions, which is why the world’s central banks would like prices to rise. Last year, overall U.S. prices inched up just 1.1 percent, according to the Federal […]

No COLA again for Social Security recepients

No COLA again for Social Security recepients

As if voters don’t have enough to be angry about this election year, the government is expected to announce this week that more than 58 million Social Security recipients will go through another year without an increase in their monthly benefits. It would mark only the second year without an increase since automatic adjustments for […]