Annual rate of inflation The US again increased to 2.9%in December, the third consecutive increase. Although there was some relief that the main rate softened, the markets hope that the Federal Reserve will now slow down the interest rate cut. Economists warns that inflation will be strengthened only when the new Trump administration imposes a rigorous tariff regime. Sold in bond marketBut the yield remains high, adding the debt loads of governments, especially in the UK, where high yield has completed the fiscal plans of the government. Investors in the UK got some relief when inflation slowed unexpectedly in December, up to 2.5%,