Investors funnel $90B into U.S. money markets ahead of rate cut

Investors are throwing down serious cash—nearly $90 billion—into U.S. money market funds, and they’re doing it fast. In the first half of August alone, a staggering $88.2 billion flowed into these funds.  What’s driving this? Simple. Big players are betting on juicy yields before the Federal Reserve cuts interest rates next month. Money market funds […] source: https://www.cryptopolitan.com/investors-funnel-90b-into-us-money-markets/