U.S. Money Market Funds Hit Record $7.953 Trillion in Assets

According to Jin10, U.S. money market fund assets surged to a historic high of $7.953 trillion on July 10, according to the Investment Company Institute (ICI). The milestone reflects substantial investor demand for short-term, liquid instruments amid ongoing market volatility.

On the policy front, Federal Reserve official Beth Williams emphasized that inflation remains "excessively high," noting that artificial intelligence investment and tariffs are contributing factors, though tariff impact on inflation is nearing its peak.

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