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Default Evaluate Formula shows brackets {}

I am attempting to use the column() function to identify ranges inside the
correl function and get #N/A in the results. The formula is
=CORREL(OFFSET(A1,87,COLUMN(),3,1),B87:B90).

When it show the calculation steps, the evaluation for the column function
show {} around the result and the offset function evaluates as #VALUE!. I
can't figure out what the {} are supposed to represent. The column function
is calculated correctly but doesn't seem to get used in the offset function.

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