Social Security’s 2027 COLA just got a surprise twist: an expert slashed her forecast from 4.7% to 3.7%, citing a recent inflation dip fueled by a short-lived U.S.-Iran ceasefire. But with hostilities back on and oil prices surging again, that drop might be temporary—potentially forcing a COLA bump closer to the original estimate. With inflation’s fate hanging on geopolitical chaos and oil markets, beneficiaries are stuck in limbo until October, when the official number drops.
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