The Swiss National Bank (SNB) may raise interest rates again with the purpose of fighting inflation, which remains at a quite high level. The bank pursues the target rate from 0% to 2%.

According to the President of the Deutsche Bundesbank Joachim Nagel, the European Central Bank (ECB) must take tough measures in order to combat inflation, which is at a record high level.

According to a former employee of the BOJ, Governor Haruhiko Kuroda is due to step down his post in April next year. This raises the question for the central bank about its policy choices for the near future.

Amazon.com Inc. shares jumped 12% as Chief Executive Officer Andy Jassy has begun to review costs of the corporation. It is a part of the programme aimed at streamlining the global e-commerce leader.

According to reports, the U.S. inflation rate in October was significantly lower than projected. Therefore, there is still a chance that prices will rise more slowly and that Federal Reserve officials will abandon sharp interest rate hikes.

Amid decreasing concerns about the recession in the United States, there is an increase in oil prices.

Investors are closely watching the release of the U.S. consumer price data on Thursday. Inflation figures that will come out on Friday could be of high importance in determining the near-term outlook for global markets.

According to Airbus top executives, Asia-Pacific airlines may again need wide-body aircraft as the region gradually recovers from the pandemic and opens up to tourists. This should have a positive effect on the entire aviation industry, including Boeing.

As shown in data provided by the Energy Information Administration (EIA) in its weekly report, certain indicators exceeded the forecasts of experts.

According to Charles Evans, the outgoing leader of the Federal Reserve Bank of Chicago, it’s the right time for the Fed to slow its aggressive rate-hike pace. He notes that such actions will be necessary even if inflation continues to rise in the coming months.