Retirement
from24/7 Wall St.
9 hours agoSocial Security COLA Watch: Here's How the Latest CPI Data Could Impact Next Year's Raise
Higher gas prices impact overall costs, potentially leading to increased Social Security COLA adjustments for seniors.
On December 10, 2025, the Federal Reserve announced a quarter-percentage-point rate cut, bringing the benchmark rate to the 3.5%-3.75% range. This was both the final rate cut and the final Fed meeting of 2025, so the Fed ended up delivering a total of three rate reductions over the course of this year. This means 2025 ends with the benchmark rate three-quarters of a percentage point lower than the 4.25% to 4.50% target rate we started the year with.