World stocks remain near record highs as investors focus on potential monetary easing in China and Switzerland following the US Federal Reserve's recent rate cut. Markets are awaiting US inflation data later this week, which is expected to confirm expectations for further easing. While the Fed's rate cut last week was well-received, there is divided opinion on whether global monetary easing has come too late to prevent an economic slowdown or potential recession. The Swiss National Bank and Sweden's central bank are both expected to ease rates this week, and traders are also betting on another European Central Bank cut in October.