Social Security 2025: How the Fed’s Interest Rate Decision Affects Next Year’s COLA

Personal Finance The U.S. Federal Reserve’s larger-than-anticipated interest rate cut of half a percentage point lowered the benchmark federal funds rate to a range of 4.75%-5% in mid-September. This move rightly sparked optimism among market participants, as valuations of most risk assets are directly tied to the risk-free rate, at least when it comes out…