Fed countermands: "Inflation is no longer temporary"

The chairman of the Fed, Powell, changes tack and admits that inflation is not a passing phenomenon and that this will require an acceleration of the reduction of stimuli to the economy - The markets, however, are holding up, even if shaken by Moderna's statements on resistance…
Rates: US pressing on Powell

Great expectations for the Fed governor's speech in Jackson Hole, scheduled for 16 pm today - The Bundesbank holds back on stimuli and the stock exchanges are tracking down, but the big banks in Milan are holding on thanks to the spread
Bag, unreasonable to go out now

FROM "THE RED AND THE BLACK" BY ALESSANDRO FUGNOLI, Kairos strategist - Many speculate the end of the cycle but "no recession is in sight" and "in the short term there is no reason not to remain reasonably invested in the stock market and not…