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- Apr 14, 2006
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- 23,183
CPI for Jan 2024 was 308.417. CPI for Sep 2023 was 307.789.
The formula for the variable rate is ((CPI Mar/CPI Sep) - 1) x 200) = Variable APR.
So, if nothing changes for the next two months, the variable inflation component of I-Bonds will go to 0.4% APR.
If the monthly non seasonally adjusted increase is 0.2% for each of the next two months, the March CPI will be 309.652 and the I-Bond variable rate will be 1.2%.
I think it will be less, probably about 0.8% - 1.0% No prediction on the fixed rate component (which is currently 1.3%). In any event, I have more profitable alternatives at the moment.
The formula for the variable rate is ((CPI Mar/CPI Sep) - 1) x 200) = Variable APR.
So, if nothing changes for the next two months, the variable inflation component of I-Bonds will go to 0.4% APR.
If the monthly non seasonally adjusted increase is 0.2% for each of the next two months, the March CPI will be 309.652 and the I-Bond variable rate will be 1.2%.
I think it will be less, probably about 0.8% - 1.0% No prediction on the fixed rate component (which is currently 1.3%). In any event, I have more profitable alternatives at the moment.