Fed urged to aid money market funds as negative rates loom

The Fed is set to discuss the intensifying pressure in US money markets at its meeting this week, after record sums of cash were parked at the central bank overnight on Monday at a zero interest rate.

FT 15 June 2021

https://www.ft.com/content/1c3ec473-e08f-4057-87ec-dcfa0f784521


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