When I first read about PenFed’s 3% CD’s a couple weeks ago I thought there was some sort of typo. I couldn’t believe there was a company out there offering 3% interest rates! That was over 1% of what their closest competitor was offering at the time. And since this deal popped up right before […]
March CPI down 0.2%: May I Bond Rates Announced
On Tuesday, the labor department announced the latest CPI-U numbers. With these numbers, you can calculate the upcoming inflation portion of I bonds and determine whether it’s better to buy your bonds now or wait until May. As you may know, I bonds are composed of an inflation rate and a fixed rate. The fixed rate […]