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18.05.26 - 03:00
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Social Security Recipients Could See Larger Payment Adjustment In 2027 Amid Higher Inflation (ZeroHedge)
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Social Security Recipients Could See Larger Payment Adjustment In 2027 Amid Higher Inflation
Authored by Jack Phillips via The Epoch Times (emphasis ours),
A senior citizens group has forecast that the cost-of-living adjustment (COLA) for Social Security payments will increase by 3.9 percent next year, more than 1 percentage point higher than last month's prediction.
Blank U.S. Treasury checks are run through a printer at the U.S. Treasury printing facility in Philadelphia, on July 18, 2011. William Thomas Cain/Getty Images
The Senior Citizens League, which issues monthly projections on the COLA for Social Security, said in a statement Tuesday the 3.9 percent for 2027 is already higher than the 2.8 percent increase that went into effect in 2026. The group in April had forecast a 2.8 percent increase for next year's payments.
“Fast-rising oil prices could have downstream effects on the economy and push inflation even higher,” potentially leading to a higher COLA projection, the group said...
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17.05.26 - 20:27
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The Fed Will Invent New Inflation Numbers Out Of Thin Air (ZeroHedge)
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The Fed Will Invent New Inflation Numbers Out Of Thin Air
Submitted by QTR's Fringe Finance
The Federal Reserve is rapidly approaching the point where every available option becomes politically toxic, economically destructive, or both.
Inflation remains stuck around 3.8% CPI, well above the Fed's stated 2% target, and that number alone should theoretically eliminate any serious discussion of aggressive easing. Treasury yields are rising as bond investors demand compensation for persistent inflation, uncontrolled fiscal deficits, and the growing realization that Washington's debt load is becoming increasingly unstable.
The American consumer, meanwhile, is clearly running on fumes. Credit card balances continue hitting records, delinquency rates are rising, savings buffers have been depleted, and wage growth is failing to keep pace with the real cost of living for millions of households. Yet despite all of this stress beneath the surface, equity markets continue trading as if rate cuts are...
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16.05.26 - 17:30
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Sports, Media, Inflation | Pointed News Quiz (Bloomberg)
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David Gura, Christina Ruffini, and Lisa Mateo of “Bloomberg This Weekend” are joined by Bloomberg News Senior Executive Editor Dave Merritt to play Pointed! Wager your points, leverage your bets and answer wisely. A new quiz is available to play each week on Bloomberg.com (Source: Bloomberg)...
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16.05.26 - 16:30
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Inflation: Benennung desselben Wertes mit größeren Zahlen (Tichys Einblick)
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Die Europäische Zentralbank behauptet seit Jahren, sie sichere mit ihrer Politik die Geldwertstabilität im Euro-Raum. Die offiziellen Inflationszahlen scheinen ihr Recht zu geben: meist sind es niedrige Teuerungsraten, zeitweise sogar mit Deflationsängsten verbunden. Doch für viele Bürger fühlt sich diese angebliche Stabilität völlig anders an. Wohnen wird unbezahlbar, Vermögensaufbau immer schwieriger, die Ersparnisse verlieren an
Der Beitrag Inflation: Benennung desselben Wertes mit größeren Zahlen erschien zuerst auf Tichys Einblick....
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16.05.26 - 01:33
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Harvard Weighs Major Crackdown On "Grade Inflation" (ZeroHedge)
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Harvard Weighs Major Crackdown On "Grade Inflation"
Harvard faculty begin voting Tuesday on what may be the most aggressive effort in decades to curb grade inflation, a long-running issue that has also drawn attention from the White House as it pushes broader higher-ed reforms, according to Bloomberg.
The proposal would cap A grades in undergraduate classes at 20% of students, plus four additional students. The move comes after A grades surged at Harvard: about 60% of grades were A's in the 2024–25 academic year, more than double the rate in 2006. After administrators pushed for stricter grading last fall, that number dropped to 53%. Faculty have one week to vote, with results expected May 20.
Supporters say grade inflation has made academic distinctions less meaningful. Last year, Harvard seniors needed a 3.989 GPA to earn summa cum laude, and an award traditionally given to one student ended in a 54-way tie. As professor Jason Furman said, “It's fundamentally dishonest to giv...
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