Federal Reserve Cuts Interest Rate for First Time in 4 Years
The Federal Reserve cut its benchmark interest rate by half a percentage point on Wednesday, the first reduction since 2020.
The Federal Reserve cut its benchmark interest rate by half a percentage point on Wednesday, the first reduction since 2020.
The 2nd month of inflation data determining the 2025 COLA has been released. The 2025 COLA will be less than in 2024 but probably still larger than the average 2025 pay raise.
These are some important questions federal employees should ask to help with constructing a retirement plan.
It is the time of year when federal employees and retirees start thinking about the COLA and annual pay raise. What are the likely figures for 2025?
“We’re in the money” was a hit song in 1933 as Hollywood tried to project a favorable view of the economy. Today, inflation news is good. “We’re in the money” again.
The inflation estimates for the 2025 COLA are getting higher every month. Here are the inflation data for May 2024.
Several changes in the TSP make it easier to use this important federal employee benefit as the mobile app is gaining acceptance. TSP Funds are roaring back so far in May!
Inflation is still rising and the projections for the 2025 COLA are rising as well.
The March CPI report shows continuing inflation so far in 2024. This may mean a higher 2025 COLA but a negative economic impact on all consumers.
The latest CPI data indicate that inflation rose faster in February than expected.