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Investors Poured $166 Billion Into Cash Funds in Just One Week. BofA Says They Aren't Ready To Leave.

Bank of America strategist Michael Hartnett said investors may keep their money in cash until the Federal Reserve begins a sustained cycle of interest-rate cuts.

Sources (1)· Oct 9, 6:54 PM

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'Illegitimate Show Trial': Warren Condemns Trump's Latest Attack on Fed Gov. Lisa CookSen. Elizabeth Warren, the top Democrat on the Senate Banking Committee, said Friday that President Donald Trump's formation of a new committee to investigate Federal Reserve Gov. Lisa Cook amounts to "an illegitimate show trial in his dangerous quest to illegally take over our nation’s central bank." "Instead of playing judge in a kangaroo court of his…

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