The Federal Reserve's interest rate cut expectations boost global stock funds, attracting $10.65 billion in a single week, setting a three-week high
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Global equity funds saw an inflow of $10.65 billion in the week ending September 3, marking a three-week high, primarily boosted by expectations of interest rate cuts from the Federal Reserve and the Google antitrust ruling. Investor bets on policy easing strengthened, attracting significant funds to equity funds in Europe, Asia, and the United States. Technology stock funds attracted $1.87 billion, and fixed income funds continued to be favored, with global bond funds attracting inflows for 20 consecutive weeks
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