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flag Fed's rate decision may boost 2027 Social Security COLA due to rising inflation from oil prices.

flag The Federal Reserve’s March 18, 2026, meeting is drawing attention from Social Security recipients as it may signal inflation trends affecting the 2027 cost-of-living adjustment (COLA). flag While the Fed doesn’t set benefits, its rate decisions influence inflation, the key factor in COLA calculations. flag Rising global oil prices, driven by ongoing conflict involving Iran, have pushed gasoline costs up over 20% in a month, potentially increasing inflation and boosting the 2027 COLA above the projected 2.8%. flag The final COLA depends on third-quarter CPI-W data, which includes energy costs, but retirees will see any increase months after facing higher prices.

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