- Gasoline prices, up 7.9% in 2019, and shelter costs, up 3.2%, were major factors in 2019’s moderately high inflation.
- December inflation, however, fell slightly below consensus estimates. You can expect the Fed to continue its “on hold” rate policy.
- Investor interest in inflation protection is rising. Best bet for small investors: U.S. Series I Savings Bonds.
While many financial “experts” have been declaring U.S. inflation dead for years, it surged back to life in 2019 – rising 2.3%, the highest number since 2011. While 2.3% isn’t scary-high, it is on the high end of moderate inflation.