The Federal Reserve’s rate cut will reduce investor returns, yet money market funds remain a good deal, our columnist says.
Gone are the days when investors could throw a dart at a list of money market funds and reliably earn a 5% low-risk yield. In September, the Federal Reserve made yet another 25-basis-point, or 0.
A money market account is a savings tool that combines competitive interest rates with greater flexibility than traditional ...
Money market accounts (MMAs) — not to be confused with money market funds — combine features of savings and checking accounts, allowing holders to write a limited number of checks and get a higher ...
Assets in money-market funds reached $7.302 trillion for the week ended Sept. 10, a record. Investors had been piling cash into these funds because of their low risk and attractive interest rates. Now ...
* Change in money market fund assets is primarily driven by flows and can be used as a proxy for net new cash flows. ICI reports money market fund assets to the Federal Reserve each week. Data for ...
With the Federal Reserve expected to lower interest rates this week, investors may soon have less incentive to keep piling record amounts of cash into money-market funds.
The highest money market account rate available today is 4.22% Changes from the Fed or your bank can quickly change money ...
The highest money market account rate available today is 4.22% Changes from the Fed or your bank can quickly change money ...
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