While they may be imperfect, COLAs are meant to help you cover the higher cost of living and help ease the sting of higher prices.
The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) is used to calculate the annual cost-of-living adjustment (COLA). Key CPI-W data needed to calculate the 2026 COLA will now ...
Hedonic adjustment is also not “right.” But it’s a fair approach, and if you want to adjust the CPI by removing the downward hedonic adjustments while keeping the upward hedonic adjustments (to ...
Bank of America has adjusted its inflation forecast just before the release of the Consumer Price Index (CPI) report, indicating a shift in economic expectations as crucial data approaches. This move ...