“We’re kind of like the NFL referee — when we get the call right or wrong, we get booed, and we’re OK with that,” Werfel said in a wide-ranging interview.
The cost of sending U.S. mail will rise soon rise to 60 cents per item. This year’s rate increase follows a price increase last August, and also USPS’ greatest ever price increase in 2019.
Cost of living adjustments for Social Security recipients will increase by 1.3 percent in 2021, an amount that employee groups worry will fall behind inflation.
Federal Reserve Chairman Jerome Powell, in a speech in Stockholm, warned against taking that independence for granted given its recent success in keeping inflation low.