A staff analysis that details the industry's growth from $2.2 trillion to over $6.2 trillion. It highlights that government MMFs now dominate the market, while prime and tax-exempt funds have declined by 30% due to regulatory pressure.
This note explores the complex relationship between MMF inflows and bank deposit outflows during monetary tightening cycles. Market Characteristics and Trends Release: Money Market Fund Assets us money market fund
This paper examines how MMFs, particularly prime funds that invest in private-debt instruments like commercial paper , are susceptible to liquidity-driven runs during financial stress. A staff analysis that details the industry's growth from $2
This review covers the 2023 SEC amendments that removed redemption gates but increased minimum liquidity requirements and introduced mandatory fees for institutional prime funds to prevent "first-mover advantage" during runs. Market Characteristics and Trends Release: Money Market Fund
Several authoritative papers and reports analyze the $7.64 trillion U.S. money market fund (MMF) industry, focusing on its structural vulnerabilities, historical runs, and recent regulatory reforms. Key Reports and Research Papers