Fed jumbo rate cut puts pressure on money market fund investors
Investment advisers are urging clients to dump hefty cash allocations now that the Federal Reserve has begun its much-anticipated interest-rate easing, a process they expect to limit the appeal of money-market funds in the coming months.
"The Fed is more worried about the labor market and less concerned about inflation at this point," a Glenmede analyst said.
Indexes rallied Thursday, with tech stocks leading the Nasdaq to rise 2.5% as investors continued to digest Wednesday's jumbo ...
The Federal Reserve is poised to lower interest rates this week. Recent jobs data have been a reminder that a soft landing is ...
The Fed cut its short term interest rate by 0.50%. How will this affect mortgage rates, auto loans, and credit cards? Does ...
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Andrew Slimmon, senior portfolio manager at Morgan Stanley Investment Management, joins ‘Squawk Box’ to discuss Wall Street's ...
Fed commentary could give a further shot in the arm to AI names that have been market leaders, but the broader semiconductor ...
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