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Good news about inflation hides a downside for retirees. Halfpoint / Shutterstock.com
Inflation appears to be on the wane, but that good news likely hides an unpleasant downside for Social Security recipients, according to one advocacy group. A slowdown in the rise of prices as tracked by the federal government’s Consumer Price Index for Urban Wage Earners and Clerical Workers means next year’s Social Security cost-of-living adjustment (COLA) is likely to be much lower than the 8.7%
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