Yonhap Infomax NewsUS money market fund assets have surged to a record $7.3 trillion, with markets closely watching whether the Federal Reserve’s expected rate cut will trigger a shift of these funds into equities or other risk assets.
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US Money Market Fund Assets Hit Record $7 Trillion—Market Eyes Fed Rate Cut Impact
US money market fund assets have surged to a record $7.3 trillion, with markets closely watching whether the Federal Reserve’s expected rate cut will trigger a shift of these funds into equities or other risk assets.