I Bond’s Variable Rate Will Fall To 2.22% On May 1

Posted on April 11, 2018 by Tipswatch

Summary

  • Non-seasonally adjusted inflation from September 2017 to March 2018 rose 1.11%, which creates the new annualized rate.
  • Seasonally adjusted inflation in March actually dropped 0.1%, which was below expectations. Core inflation came in at 0.2%.
  • Both ‘headline’ and core inflation are at one-year highs.

The variable rate on U.S. Series I Savings Bonds will fall from 2.48% to 2.22% for I Bonds purchased after May 1, based on the March inflation numbers just released by the U.S. Bureau of Labor Statistics.

Read my full analysis on SeekingAlpha.com

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About Tipswatch

Author of Tipswatch.com blog, David Enna is a long-time journalist based in Charlotte, N.C. A past winner of two Society of American Business Editors and Writers awards, he has written on real estate and home finance, and was a founding editor of The Charlotte Observer's website.
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