
Inflation in the United States in September reached +0.6% monthly and +3.7% on an annual basis, exceeding the forecasts of Dow Jones economists who estimated +3.6%.
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Previous annual inflation was 3.4%.
US inflation in September stood at +0.6%, with +3.7% on an annual basis, above estimates.
Economists surveyed by Dow Jones had in fact forecast an increase in inflation of 3.6% on an annual basis, compared to 3.4% in the previous month.

Inflation in the United States rises to 3.7% in September, exceeding analysts' forecasts. The data caused a slowdown in European stock markets, an increase in government bond yields and a strengthening of the dollar.

European stock markets show mixed trends following US inflation data. Milan down, while London, Paris, Frankfurt and Madrid closed on a positive note. Government bond yields rise and the dollar strengthens.

INPS President Gabriele Fava has proposed in Brussels the creation of a permanent welfare observatory and a global forum in Rome in 2027 to address the demographic, digital and work challenges that threaten European social security systems.

Inflation in the United States rose to 3.7% in September, exceeding analysts' expectations of 3.6%. On a monthly basis, prices recorded an increase of 0.6%.

In the third quarter, BlackRock raised $205 billion in new capital and reported a 19% increase in revenue. Total assets under management hit a record $15.5 trillion.

The proxy advisor Glass Lewis advises MPS shareholders to vote against the offers on Banco Bpm and Banca Generali, the extraordinary dividend and the acquisition of Generali, recommending instead yes to the merger with Mediobanca at the meeting on 29 October.