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Prior +2.9% HICP +3.2% vs +3.4% y/y expected Prior +2.9% Italy’s inflation rate accelerated in August 2026, driven primarily by a sharp increase in energy costs. The Consumer Price Index rose by 0.5% compared with July and increased by 3.3% on an annual basis, up from 2.9% in the previous month. The main driver behind…
BOE Bailey is back on the wires saying: Disinflation is proceeding slowly. Labour market is weakening gradually. Markets are pricing and potential interest rate increases While a low hire rate, economy is contributing to unemployment The BOE Rate unchanged today with a vote of 6-3. In his press conference, Bank of England Governor Andrew Bailey…
Keynote speech by Piero Cipollone, Member of the Executive Board of the ECB, at the House of the Euro Brussels, 14 September 2026 Today, we are discussing the future of euro cash – the most tangible symbol of our common currency, and one that remains firmly rooted in the daily lives of Europeans.[1] Euro banknotes…
Two office tenants at Mitsui Fudosan America’s 1251 Avenue of the Americas are extending or expanding their footprints, Commercial Observer has learned. Law firm DLA Piper expanded by 41,600 square feet on the entire 29th floor of the Midtown building with an 8.5-year term, bringing the law firm to a total of 210,000 square feet…
FinTech company Avant filed an application to establish an insured national bank called Avant Bank, N.A., the company said in a Friday (Sept. 18) press release. Avant filed the application for a national bank charter with the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp., according to the release. Avant…
OpenAI has a rogue AI agent problem. In a Tuesday blog post, the AI lab self-reported two more security lapses, unrelated to its July hacking incident on the AI company Hugging Face. The incidents occurred while external parties — the UK government’s AI Security Institute and the AI security lab Irregular — were testing the models’…