U.S. equity funds suffered massive outflows in the seven days to Feb. 22, hit by worries over higher interest rates as strong economic data pointed to the U.S. Federal Reserve sticking to its tighter monetary policy for some time more.
Refinitiv Lipper data showed investors withdrew a net $6.88 billion out of U.S. equity funds, marking their biggest weekly outflow since Jan. 4.U.S. large-, and mid-cap funds suffered weekly disposals of $5.68 billion and $389 million respectively but small-cap received a marginal $79 million worth of inflows.
Tech and real state witnessed $856 million and $603 million worth of outflows, while consumer discretionary and utilities, both lost about $300 million in net selling. A money changer counts U.S. dollar banknotes at a currency exchange office in Ankara, Turkey November 11, 2021. REUTERS/Cagla Gurdogan
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Lawmakers revive legislation in uphill battle to shed light on Federal Reserve’s monetary policyNearly 60 Republican lawmakers are renewing a 40-year push to bring the Federal Reserve System under the heel of Congress now that the GOP is in control of the House of Representatives.
Weiterlesen »
Gallery: Former Baptist office building and Federal Reserve near completion - Jacksonville Business JournalHere's a look at how JWB Capital's projects at the former Federal Reserve building and Baptist Convention Center
Weiterlesen »
US Federal Reserve denies Custodia Bank's request for Fed supervisionThe cryptocurrency-focused Custodia Bank has again been denied membership to the U.S. Federal Reserve System, with the Fed claiming crypto doesn’t fit in with “sound banking practices.”
Weiterlesen »
How could PCE inflation affect the Federal Reserve next steps?Core PCE Inflation Report Preview: US inflation and possible Federal Reserve steps – by FXstreetNews Inflation UnitedStates SEO EconomicIndicator Fed
Weiterlesen »
Jamie Dimon says the Federal Reserve has 'lost a little bit of control of inflation'The JPMorgan CEO said he's not currently breaking out the recession playbook because of the strength of the U.S. economy.
Weiterlesen »