Next I bond inflation component will be 4.83%The next I bond inflation component will be 4.83%, up from the current 3.06%. The component is based on the difference between the Consumer Price Index in September (208.490) and March (213.528). The March CPI was released this morning.To determine what your own I bonds will earn during their next six-month rate period, you have to add their fixed base-rate to the 4.83% inflation rate. The fixed-base rate for your I bonds can be anywhere between 1.0% and 3.6%, depending on when the I bond was issued.Moreover, keep in mind that th[...]
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[Source: The Money Blogs]
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