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According to a statement made by president of the Federal Reserve Bank of Cleveland Loretta Mester, the Federal Reserve System of the U.S. needs to increase the rates and continue restrictive monetary policy for a period of time, as the current level of inflation is “unacceptably high.”

The leading German corporations such as Adidas, Mercedes-Benz and Siemen are mostly owned by foreigners. An analysis by the auditing firm EY revealed that at least 53 percent of all shares in the DAX index were held by foreign investors in 2021.

A Reuters poll on Monday showed that the Bank of Mexico (Banxico) is expected to increase its basic interest rate this week to a record point of 9.25%, which is a consequence of the US Federal Reserve's recent 75 bps increase in response to persistently high inflation.

Board member of the Central Bank of Switzerland Andrea Mahler declared that the bank would do everything necessary to decrease the growth of prices.

The Bank of Japan announced its intention to conduct an operation of purchasing Japanese government bonds on Tuesday. Meanwhile, the returns on the 10-year government bonds are close to the ceiling of 0.25% for the first time in the last two weeks.

Netflix Inc. creates its first video game studio in an effort to become less dependent on third-party developers and expand its game offerings to platform users.

The Roblox meta universe platform is extremely popular among little kids.

New Zealand Finance Minister Grant Robertson said Tuesday that inflation is likely to fall. However, it will not be a rapid fall to its usual level.

On Monday, the Dow Jones Industrial Average, considered the Wall Street’s most seasoned stock index, fell another 1.1%, continuing the downtrend from its January maximum to more than 20%. This drop is consistent with the definition of the bear market.

In terms of containing inflation the Reserve Bank of New Zealand still has some work to do, however the bulk of the hard work is over, RBNZ Chairman Adrian Orr said.