Investors are piling into US money market funds despite the Federal Reserve's interest rate cuts and a series of industry reforms taking effect. Investment Company in the week to October 2, money market funds increased by about $38. 7 billion, with total assets at a record 6. 7%, according to the Institute. $46 trillion. The single-quarter inflow was the largest since the banking crisis of March 2023.
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Today, the Federal Reserve cut interest rates, the BTC rose from 59,000 to 63700, which I think is just a small bull market, or a band, especially a lot of copycats. Because the rate-cut money will flow back to the market, the market will have sufficient funds. However, from 1980 to the present, the Federal Reserve has raised interest rates to more than 5% every time. Will cause a financial crisis, then what everyone must pay attention to is that there will not be a financial crisis in the process of raising interest rates, but there will be a financial crisis when interest rates are reduced.
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Asked at a news conference in West Palm Beach about President Trump's attempted assassination at a golf course, officials responded, the golf course is not completely surrounded by Secret Service because "donald Trump is not the current president of the United States."
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