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The Price of Money, Bank Deposits, and Interest Rates: Key Updates
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Fed's Kashkari Warns Too Soon to Declare...
Switzerland Not Weighing Limits on Bank ...
Switzerland Reviews Financial Regulation...
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The price of money is influenced by supply and demand, with central banks like the Federal Reserve playing a role. Switzerland is not considering limits on bank deposit withdrawals as part of its financial regulation review. Former Treasury Secretary Lawrence Summers warns that the Fed's inflation war may not be over yet, criticizing the Treasury for not managing its debts well. The October jobs report provides relief to the Fed as it shows the US economy can slow down without entering a recession. Federal Reserve Bank of Minneapolis President Neel Kashkari believes it is too soon to conclude that interest-rate hikes are done.
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How does the natural rate of interest impact the global economy?
How might the cautious stance of Neel Kashkari on interest-rate hikes affect the overall economy?
What are the potential implications of the Federal Reserve's inflation war?
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