Advisors Rethink Cash Ahead of Rate Cuts
Yahoo Finance·2025-09-14 20:00
Yields on the $7 trillion parked in money market funds may soon be coming down. Market participants anticipate the Federal Reserve will cut its benchmark interest rate, and that could happen as quickly as the Sept. 16 Federal Open Market Committee meeting. It may be hard to budge clients from their cash hoard since inertia has worked in their favor, but advisors are certainly rethinking their strategies. “It’s been a great period of performance for those investors. So it’s hard to point fingers and say yo ...