According to the Wall Street Journal: Cryptocurrency exchange FTX employees discovered a backdoor months before Alameda collapsed.

Turkish Banker: The Turkish Central Bank increased corporate rediscount credit lines and reduced costs by about 15 percentage points.

Sources: Death toll from Turkish air strikes in northeastern Syria rises to 8.

Ukrainian President Zelensky: The main task is to maintain European unity.

Brent crude oil futures fell by US$1 to US$84.81 per barrel.

ECB Governing Council member Kazmir: We should not use other tools, such as the balance sheet, until we are sure that further interest rate increases are not needed.

Turkish Defense Ministry official: Turkey’s ground operations in Syria are one of the options to ensure border security, but Turkey has other options.

WTI crude oil futures fell 1.00% during the day and are now trading at $83.37 per barrel.

ECB Governing Council member Kazmir: The reinvestment schedule of the Emergency Epidemic Purchase Program (PEPP) should not be changed.

Spanish Prime Minister Sanchez: Expanding the EU to 35 member states will cause many internal challenges.

ECB Governing Council member Kazmir: It will take longer for inflation to fall.

ECB Governing Council member Kazmir: We are on a downward trajectory for inflation.

ECB Governing Council member Kazmir (asked what scenario would trigger a rate hike): This is not a scenario I want to see.

ECB Governing Council member Kazmir: We need data available at the December and March meetings to be convinced that we are at the top of interest rates.

ECB Governing Council member Kazimierz reiterated his belief that the last rate hike will be the last.

ECB Governing Council member Kazmir (on the Eurozone core inflation rate in September): This confirms our expectations.

Kremlin: Other measures will be considered once ban is no longer needed.