US Fed set to raise interest rates as recession fears mount
WASHINGTON, Sept 21, 2022 (BSS/AFP) - The Federal Reserve is poised to roll out another big increase in interest rates Wednesday
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WASHINGTON, Sept 21, 2022 (BSS/AFP) - The Federal Reserve is poised to roll out another big increase in interest rates Wednesday
The Investment Company Institute reported $2.034 billion of outflows from muni bond mutual funds in the week ending Sept. 7 compared to $2.594 billion of outflows the previous week.
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Investors pulled $229.263 million out of muni bond mutual funds in the latest week, versus the $635.177 million of outflows the prior week, according to Refinitiv Lipper. High-yield continues to see inflows.
The Investment Company Institute reported investors poured in $1.589 billion into muni bond mutual funds in the week ending August 3, the highest level since November.