💨 Abstract

World stocks held near record highs on Monday as investors anticipate more monetary easing in China and Switzerland following the U.S. Fed's jumbo rate cut. inflation data and the Fed's preferred inflation gauge are expected this week, which could influence future rate cuts. Meanwhile, investors are divided over whether the easing is too late to prevent a global slowdown or recession.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖