Gold Ten Data Nov. 8 news, the asset scale of the US currency market fund hit a record high as investors continued to flock to such assets seeking relatively high returns in the face of the Fed's entry into an interest rate cut cycle. Data released by the Investment Company Institute (ICI) showed that the total assets of US currency market funds rose to $6.59 trillion, with about $79.5 billion flowing in as of the week ending Nov. 6. The inflow of funds is positive as the Fed is expected to cut interest rates by 25 baz points on Thursday.
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ABD para piyasası fon varlıkları 6.59 trilyon dolar rekor seviyeye ulaştı
Gold Ten Data Nov. 8 news, the asset scale of the US currency market fund hit a record high as investors continued to flock to such assets seeking relatively high returns in the face of the Fed's entry into an interest rate cut cycle. Data released by the Investment Company Institute (ICI) showed that the total assets of US currency market funds rose to $6.59 trillion, with about $79.5 billion flowing in as of the week ending Nov. 6. The inflow of funds is positive as the Fed is expected to cut interest rates by 25 baz points on Thursday.