Switzerland Not Weighing Limits on Bank Deposit Withdrawals, Fed's Inflation War, Interest-Rate Hikes

Switzerland is not considering limits on bank deposit withdrawals as part of its review of financial regulation. Former Treasury Secretary Lawrence Summers warns that the Federal Reserve's inflation war may not be over yet. Federal Reserve Bank of Minneapolis President Neel Kashkari believes that it is too soon to conclude that interest-rate hikes are done. Treasury yields rise as investors await key jobs data. Inflation has come down, but prices are still high, and Congress is spending at an unsustainable rate.