News list for " fifth week"

Ignoring the Federal Reserve's interest rate cut expectations, the asset size of US money market funds has reached a new high

Investors have pumped cash into U.S. money market funds for a fifth straight week, the latest sign of strong demand ahead of a potential interest rate cut by the Federal Reserve. About $37 billion flowed into U.S. money market funds in the week to September 4, bringing recent inflows to about $165 billion, according to data from the Investment Company Institute. Total assets rose to a record $6.30 trillion from $6.26 trillion the previous week. Despite strong demand, concerns about once the U.S....

clock
2024-09-05 22:27:17
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.