Inflation data used to set 2026 Social Security COLA coming Oct. 24
Share this @internewscast.com

The Bureau of Labor Statistics is set to release a critical inflation report later this month, even amidst a government shutdown that has left economists without essential data at a pivotal time for the economy.

September’s Consumer Price Index data will now be published on Oct. 24, nine days after its original planned release date, according to the BLS.

This report is crucial for policymakers as they decide on future interest rates. It’s particularly significant now because this data will affect the Social Security cost-of-living adjustment, or COLA, for 2026.

That’s because the annual Social Security benefit bump is tied to the average inflation data for July, August and September.

According to a recent forecast by the Senior Citizens League, the COLA is expected to be 2.7% for 2026, which is a slight increase from this year’s 2.5%. However, unexpected changes in September’s figures could alter this projection.

Under normal circumstances, the COLA would have been announced this week, but it’s been delayed since the shutdown closed the BLS.

The agency is now bringing back workers to compile the September report, ‘s partner The Hill reported.

The BLS stated that the forthcoming CPI release would enable the Social Security Administration to adhere to legal deadlines to “ensure accurate and timely payment of benefits,” though other reports remain delayed.

“No other releases will be rescheduled or produced until the resumption of regular government services,” the agency said Friday.

For instance, the government’s September jobs report hasn’t been published yet, leaving economists to depend on private sector data to evaluate the health of the economy.

House Speaker Mike Johnson, R-La., indicated on Monday that the shutdown might become the longest in history, stating he “won’t negotiate” with Democrats until they halt their health care demands and resume operations.

If the shutdown drags on and official economic data remains scarce, it could complicate the Federal Reserve’s upcoming interest rate decision.

Officials cut rates for the first time this year in September amid rising labor market risks, but it’s difficult to assess how those risks have evolved without new data. Inflation remains above the Fed’s 2% target, and the full impact of President Donald Trump’s tariffs is still unclear.

Even so, markets widely expect another rate cut this month, with traders pricing in a 99% chance of a quarter-point reduction, according to the CME FedWatch tool.

Share this @internewscast.com
You May Also Like

Legendary NFL Player and Broadcaster Bob Trumpy Passes Away: A Tribute to His Legacy

CINCINNATI — Bob Trumpy, a foundational player for the Cincinnati Bengals and…

Mysterious Object Crash Near Area 51 Sparks New Cover-Up Theories

In an unusual event that has captured the public’s imagination, an enigmatic…

Trump’s MRI Sparks Concerns Over Transparency in Presidential Health Disclosures

President Trump’s recent revelation about undergoing an MRI scan has sparked renewed…

UK Train Stabbing Incident: Police Dismiss Terrorism Suspicions Following Arrests

LONDON (AP) — British authorities have clarified that the mass stabbing on…

Decatur Restaurant Champions Community Spirit with Free Meals for Those in Need

DECATUR, Ill. (WCIA) — A simple concept to offer free lunches has…

Leesburg House Fire Leaves One Injured in Early Morning Incident

LEESBURG, Fla. – In the early hours of Sunday, a house fire…

Shocking Incident: Underage DUI Driver Arrested After Narrowly Missing Police Sergeant in Near Head-On Collision

An 18-year-old from Florida faces DUI charges after allegedly driving the wrong…

Veteran Chaplain Shares Insights from 35 Years of Distinguished Navy Service

JOPLIN, Mo. (NEXSTAR) – Driven by the legacy of his father, a…

Mysterious Object Crash Near Area 51 Sparks Speculation of Government Concealment

In a scene pulled straight from a sci-fi thriller, an enigmatic object…

Mysterious Object Crash Near Area 51 Sparks New Cover-Up Allegations and Conspiracy Theories

LAS VEGAS (KLAS) — An enigmatic object descended from the heavens and…

Wisconsin Joins the Movement: 36th State to Enforce Cellphone Restrictions in Schools

In a significant move, Wisconsin has joined a growing list of 36…

Breaking News: FDA’s Chief Drug Regulator Resigns Amidst Federal Investigation

WASHINGTON – In a surprising turn of events, the head of the…