Tag: Cash Funds
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Cash Funds Experience Influx of Over Half a Trillion Dollars, Bank of America Reveals
This surge in investments comes amidst the current banking crisis and the Federal Reserve‘s series of rate hikes. Bank of America Corporation has reported that cash funds have seen a substantial influx of capital, totaling more than $500 billion According to a note released by the bank, money market funds have attracted a staggering $756…