Summary
- In a reversal of recent trends, food and energy prices increased while other prices were muted.
- Core inflation rose only 0.1% in the month, below the consensus estimate of 0.2%.
- Non-seasonally adjusted inflation rose 0.42% in February, a bit of good news for I Bonds’ variable rate reset, coming May 1.
February’s non-seasonally adjusted increase of 0.42% is good news for holders of – and possible future investors in – I Bonds.
Read my full analysis on SeekingAlpha.com
Check my Tracking Inflation and I Bonds page for the updated numbers.
And here are the new April Inflation Indexes for all TIPS.
Patrick, you wrote: "Brokered CDs do not compound interest, so CDs that pay every six months or annually are not…