The Fed's rate cuts will spark a $2 trillion exodus from money market funds, Apollo chief economist says
- Posted on November 19, 2024
- By Bing News
- 2 Views
The Fed's rate cuts will spark a $2 trillion exodus from money market funds, Apollo chief economist says
Money market funds attracted record inflows since 2022. Now, that's set to flow back to the market as rates come down and investors look for yield.
