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Deposit Outflows Shine Light on Fed Program That Pays Money-Market Funds
Business

Deposit Outflows Shine Light on Fed Program That Pays Money-Market Funds

Banks are under pressure from depositors’ embrace of money-market funds, pushing a popular Federal Reserve-sponsored financing program into the spotlight. Money-market fund assets are increasing

Deposit Outflows Shine Light on Fed Program That Pays Money-Market Funds
Finances

Deposit Outflows Shine Light on Fed Program That Pays Money-Market Funds

Banks are under pressure from depositors’ embrace of money-market funds, pushing a popular Federal Reserve-sponsored financing program into the spotlight. Money-market fund assets are increasing