Bank of America strategists Katie Craig and Mark Cabana said: Although the Federal Reserve cut interest rates by 50 basis points in September, money market funds are expected to continue to grow. Driven by retail capital inflows, AUM has grown by 640 billion US dollars since 2024, and increased by about 20 billion US dollars this quarter.

Zhitongcaijing · 10/16 14:17
Bank of America strategists Katie Craig and Mark Cabana said: Although the Federal Reserve cut interest rates by 50 basis points in September, money market funds are expected to continue to grow. Driven by retail capital inflows, AUM has grown by 640 billion US dollars since 2024, and increased by about 20 billion US dollars this quarter.