a trader works on the floor of the new york stock exchange nyse in new york city us july 26 2022 reutersbrendan mcdermid aug 12 reuters  investors were net buyers of us equity funds in the week to aug 10 on bets that the federal reserve would slow the pace of its interest rate hikes as inflation concerns subside refinitiv lipper data showed 421 billion in net purchases of us equity funds their biggest weekly inflow since june 22 data released on wednesday showed us consumer prices were unchanged in july prompting some traders to cut bets to a 50 bps hike at the feds september meeting read more some market participants were earlier anticipating a third straight 75 bps interest rate increase in september us smallcap funds attracted 192 million while largecap funds had purchases of 76 billion the biggest inflow since may 25 midcap funds recorded 294 million of net selling data for growth and value funds showed investors acquired funds totalling 246 billion and 26 million respectively us consumer staples and healthcare funds notched up inflows of 487 million and 345 million respectively but tech funds saw outflows of 852 million meanwhile bond funds witnessed inflows of 115 billion as purchases continued for a second straight week us bond fund purchases were broadly into government funds with us government and treasury fixed income funds and us shortintermediate government and treasury funds attracting 188 billion and 540 million respectively money market funds had disposals of 1219 billion as net selling continued for a second week reporting by gaurav dogra and patturaja murugaboopathy in bengaluru editing by alexander smith