Your Cash Is Earning 5% Interest. Should You Move it Before the Fed Moves Rates? | EUROtoday
Updated Dec. 11, 2023 2:21 pm ET
Playing it protected paid off for traders in 2023 higher than it has in years. Now, it may very well be time to take extra threat along with your cash.
Americans piled into the protected, assured return supplied by money and cash-like investments previously yr. Money-market funds and high-yield financial savings accounts every had inflows with households, including greater than $651 billion to money-market funds within the second quarter in contrast with final yr, in line with Federal Reserve information.
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