The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index shows.

On February 12, the CPI for January 2025 will be declared at 8:30 EST.According to economists, there will be a 2.8% increase in living expenses over the next year, which is merely 2% lower than the 2.

With the latest 2.5% cost-of-living adjustment (COLA) in effect, the average benefit has climbed to $1,976 per month. It's ...