Monday, June 26, 2023

An unusual time for money market and stable value funds

The Federal Reserve has been raising interest rates at the fastest pace in history to combat the highest inflation seen in decades. Since the beginning of 2022, the federal reserve increased the Federal Funds from near zero to between 5–5.25% (as of May 2023). Learn more about how the impact of inflation and rising rates has triggered volatility in the markets.