
New government data show consumer prices in the US were higher in September than the same time a year earlier.

Tens of millions of people on Social Security, meanwhile, will see their monthly benefits go up next year by around seventy-five dollars a month to help keep pace with the higher cost of living.

Investors think the somewhat hotter than expected cost of living report makes it more likely the Federal Reserve will raise interest rates when policymakers meet later this month.

Consumer prices in September were up three point seven percent from a year ago.

People who depend on Social Security, however, will get a cost of living adjustment of three point six percent beginning in the new year.

New government data show consumer prices in the US were higher in September than the same time a year earlier.

Tens of millions of people on Social Security, meanwhile, will see their monthly benefits go up next year by around seventy-five dollars a month to help keep pace with the higher cost of living.

Investors think the somewhat hotter than expected cost of living report makes it more likely the Federal Reserve will raise interest rates when policymakers meet later this month.

Consumer prices in September were up three point seven percent from a year ago.

People who depend on Social Security, however, will get a cost of living adjustment of three point six percent beginning in the new year.
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