According to Jinshi, although the Fed has started a rate cut cycle, investors are still pouring a lot of money into US money market funds, pushing the asset size to a new high. According to data from the US Investment Company Institute, about $121 billion flowed into US money market funds in the week ending September 25, bringing total assets to a record high of $6.42 trillion.
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U.S. money market fund assets hit record high
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