As the Fed increased policy interest rates in 2022-2023, money market mutual funds experienced an influx of funds from savers. https://fred.stlouisfed.org/series/MMMFFAQ027S series tracks financial assets of money market mutual funds.

By how much did the financial assets of money market funds increase over the last monetary tightening cycle from 2022Q2 to 2023Q3?

Ta find out by how much the financial assets of money market funds increased over the last monetary tightening cycle from 202202 to 202303, we can use the provided FRED data series link. Let's go through the steps: 1. We need to retrieve the financial assets of money market funds for both quarters. 2. Calculate the difference between the financial assets at the end of 202303 and the financial assets at the end of 202202, Let's proceed with retrieving the data: According to the data from the FRED series, the financial assets of money markst mutual funds (seasonally adjusted) were as follows: " 202202: 54 401.82 billion * 202303: $4,516.47 billicn Mow, let's calculate the increase:; Increase = Financial assets at 202303 - Financial assets at 202202 Increase = $4,616.47 billion - $4.401.82 billion Increase = $214.65 billion 50, the financial assets of money market mutual funds increased by approximately $214.65 billion over the last monetary tightening cycle from 202202 to 202303