Money Funds Reach Record High, Banks Tap Emergency Fed Funds
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Money Market Fund assets are at an all time high, as banks increase their usage of Federal Reserve emergency funds. This has been a result of businesses struggling due to the effects of the pandemic. #MoneyMarketFunds #EmergencyFunds #Pandemic 💵📈😷 Los activos de los Fondos de Mercado Monetario estan en un nivel récord, ya que los bancos aumentaron su uso de los fondos de emergencia de la Reserva Federal. Esto ha sido resultado de las dificultades de las empresas debido a los efectos de la pandemia. #FondosMercadoMonetario #FondosEmergencia #Pandemia 💵📈😷
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