EconomyUS money market funds turn defensive as Fed rate outlook remains uncertain
US money market funds are adopting a more cautious stance in their portfolios. The shift reflects continuing uncertainty over the path of the Federal Reserve’s interest-rate policy. The latest industry data point to defensive positioning rather than a more aggressive search for returns. Investors remain focused on how the Fed’s policy outlook may evolve.
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US money market funds turn defensive as Fed rate outlook remains uncertain
Economy