Strains of US economy
Given the ongoing economic uncertainty in the US markets, fearful investors and corporations are stashing away cash in banks rather than even putting it even in low risk investments. Recently Bank of New York Mellon decided to charge charge institutional clients a fee for unusually high deposits as a flight to safety pushed money-market rates below zero and left the largest custody bank flooded with client cash.
![Gadgets 360 With Technical Guruji: News of the Week [December 21, 2024]](https://c.ndtvimg.com/2024-12/pq3pt9go_news-of-the-week_160x120_21_December_24.jpg?downsize=355∶533 "Gadgets 360 With Technical Guruji: News of the Week [December 21, 2024]")
