Mutual fund AUM has grown nearly threefold versus bank deposits in the past decade, rising from 12.6% in March 2015 to 32% by August 2025, highlighting strong investor shift towards market-linked assets.
Wall Street experienced a sharp decline as the Federal Reserve maintained interest rates. AI-related chip stocks also saw further losses ahead of key earnings reports.
Federal Reserve Chairman Kevin Warsh stressed commitment to the 2% inflation target. He clarified there is no implicit inflation target above this for the committee
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