
AI-generated summary
Inflation is a key indicator for the Federal Reserve's monetary policy decisions.
Inflation in the United States remained stable in August.
Consumer prices in August stood at 3.4%, in line with expectations and stable compared to July. On a monthly basis, the increase was 0.4%, as expected by the market. The core index, net of energy and food, stood at 2.4%.

Piero Lovisolo has been appointed new General Manager of the Melinda Consortium and the La Trentina cooperative. The manager, with long experience in the food sector, will take on the role in October, working in synergy with Massimiliano Gremes.

Umbria holds the Italian record for municipalities with a cultural vocation: 44.6% of municipalities fall into this category. Chamber of Commerce data shows that in these areas the average taxable income is 8.9% higher than in other municipalities.

The Schroders expert analyzes the recent ECB rate hike, probably defining it as the last of a cycle. Despite energy inflation, slowing domestic demand and restrictive financial conditions will weigh on future growth.

Rising long-term rates in Europe, driven by persistent inflation and global dynamics, complicate the financing of climate, energy and digital transitions, limiting fiscal room for maneuver in a context of restrictive monetary policy.

European stock markets rise after US inflation in August fell in line with expectations (3.4% per year). Milan leads the gains (+1.1%). Divergence on bonds: the monthly core data pushes bets on a Fed rate hike, with two-year yields rising.

European stock markets advance by 0.6% awaiting US inflation data. Oil recorded a decline, with the WTI below $100, while government bond yields showed stability in view of the Fed's decisions.