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2027 COLA Watch: Are Projections Slipping? - www.theglobeandmail.com
Less than a week before the official Bureau of Labor Statistics release of September CPI-W figures, speculation is emerging that the resulting 2027 Social Security cost-of-living adjustment (COLA) may fall short of earlier estimates. A Motley Fool article posted yesterday afternoon on theglobeandmail.com recaps recent observations from The Senior Citizens League (TSCL), which point to a 3.5% bump, down from its previous estimate of 3.6%. Read the post here.
The TSCL projections may reflect economists’ reaction to last month's drop in “core” inflation readings, but late-September volatility in energy and food prices could offset that reduction. We have only a few days to wait for the official announcement, set for release at 8:30 am on October 14. Stay tuned!
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