News Formal

Investors rush to money market funds before Fed rate cut, BofA says

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 53%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Investors rush to money market funds before Fed rate cut, BofA says

LONDON - Investors poured $37 billion into cash-like money market funds in the week to Wednesday, Bank of America said on Friday, as they braced for the U.S. Federal Reserve to cut interest rates in September.

Many fund managers hope rate cuts will lower the returns on MMFs and cause a rush of cash into stocks and bonds. "History shows the first Fed cut precedes more cash inflows in a 'soft' landing, and bonds the likely winner if 'hard'."

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 450. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Investors reduced allocations to stocks, moved to cash in August, BofA survey showsInvestors reduced allocations to stocks, moved to cash in August, BofA survey shows
Källa: Investingcom - 🏆 450. / 53 Läs mer »