PARIS, September 15 (Reuters) – The main European stock markets rebounded at the start of the session on Thursday after two consecutive sessions of decline linked to fears of a rapid rise in interest rates in view of the figures considered disappointing for inflation in the United States. United. In Paris, the CAC 40 advanced by 0.17% to 6,233.20 points around 08:00 GMT. In London, the FTSE 100 takes 0.52% and in Frankfurt, the Dax gains 0.49%. The EuroStoxx 50 index rose by 0.34%, the FTSEurofirst 300 by 0.26% and the Stoxx 600 by 0.34%. Investors seem to have digested the publication Tuesday of an unexpected rise in consumer prices in the United States in August and the unsurprising figures Wednesday of a second contraction in a row in producer prices in July. “Confidence that we are at or near the top of inflation is shaken but not broken,” wrote Craig Erlam, market analyst at Oanda. U.S. retail sales data and statistics measuring activity in the New York and Philadelphia areas, due out on Thursday, may provide investors with new insights into economic conditions and the interest rate trajectory, one week before the US Federal Reserve (Fed) monetary policy meeting. Markets are currently pricing a 30% chance of a 100 point Fed rate hike on September 21 and rates could peak at 4.3% by February. The prospect of a rise in rates is supporting bond yields: those of the ten-year and two-year German Bund each take nearly five basis points to 1.734% and 1.445% respectively. The spread (“spread”) between these two deadlines, however, fell in session to 26.4 points, the lowest since August 2021, a sign of an increased risk of recession. In France, inflation for the month of August was revised up slightly to 6.6% over one year against a first estimate of 6.5%, INSEE announced on Thursday. On the pan-European Stoxx 600, the banking sector, the most likely to take advantage of the higher cost of credit in the fight against inflation, leads the rise with an index up 2.2%, the highest since the 10 June. Morgan Stanley also said it was “positive” on European banks. Societe Generale, Deutsche Bank and Unicredit advance respectively by 1.83%, 2.55% and 2.39%. In business news, the fashion group – H&M fell 0.83% after the publication of a turnover in the third quarter below expectations. Its competitor Inditex, which published its results on Wednesday, lost 0.79%. EDF gives up 0.25%, the energy company having revised upwards the financial impact of the drop in its production. Carmat jumped 9.28% after the announcement of a resumption in October of the implantations of its artificial heart Aeson, which according to the group is the subject of “high demand”. (Written by Claude Chendjou, edited by Kate Entringer)