US consumer price inflation rate increased to 2.3% in December 2019

  • Jan 14, 2020 GMT
  • Team Kalkine
  • US consumer price inflation rate increased to 2.3% on a YoY basis in December 2019, against 2.1% reported in November 2019. The latest inflation rate in the US economy was the highest in 14 months, largely driven by a sharp reversal in energy costs. Meanwhile, food inflation has eased to 1.8% in December 2019 from 2.0% in November 2019.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.

We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.

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