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The 2027 Social Security COLA is expected after September inflation data are released on October 14. Here is how the increase is calculated, what current forecasts suggest and how it could affect monthly benefits.
Iranian military officials claim Tehran controls the Strait of Hormuz as ship traffic falls sharply and Iran warns it could launch pre-emptive operations. Here's what is actually happening and why the crisis matters for India's oil bill, rupee and inflation.
S&P Global Ratings has raised India’s FY2026-27 GDP growth forecast to 7% from 6.6% after stronger industrial activity, consumption, exports and government investment. It also sees inflation averaging 5.1% and a possible 25-bps RBI rate hike.
The Bank of Japan has raised its benchmark interest rate to 1.25%, taking borrowing costs to their highest level in 31 years as policymakers step up efforts to prevent inflation from moving persistently above the central bank’s target.
The Federal Reserve unanimously lifted its benchmark rate by 25 basis points to 3.75%-4.00% as inflation remained stubbornly above target. President Donald Trump demanded rates of 1% or lower and attacked the Fed board as political, although he said he still has confidence in Chair Kevin Warsh.
Brent crude has surged above $100 as US-Iran hostilities disrupt Middle East oil supplies, raising concerns over inflation, markets and India’s import costs.
