SSA bases its annual adjustment on the CPI. Additionally, anyone can use the index to calculate buying power by adjusting historical values to see how they stack up in today’s dollars.

J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10+ years of experience as a finance writer and book editor.

While inflation has cooled since 2022, the CPI rose 2.9% from Dec. 2023 to Dec. 2024. Not all prices rise at the same rate – some sectors of the economy are seeing minimal inflation or even ...

Rowe Price. Given the outsized weight of housing costs within the CPI calculation, a slowdown in housing inflation would help “speed up that process” of inflation sustainably trending toward 2 ...