IndiaInsurance
7th December 2022, 11:12 AM
https://img.etimg.com/photo/96037100.cms (https://economictimes.indiatimes.com/wealth/invest/right-time-to-book-fd-or-wait-longer-for-interest-rate-to-cross-9/articleshow/96037100.cms)Goldman Sachs has predicted that the US Fed rate will eventually reach 5% by March 2023, which translates into another 100 bps hike within the next 4 months. While double digit interest rate on fixed deposit in the near future may appear distant, however, the possibility of the interest rate crossing the 9% mark doesn't appear far fetched.
More... (https://economictimes.indiatimes.com/wealth/invest/right-time-to-book-fd-or-wait-longer-for-interest-rate-to-cross-9/articleshow/96037100.cms)
More... (https://economictimes.indiatimes.com/wealth/invest/right-time-to-book-fd-or-wait-longer-for-interest-rate-to-cross-9/articleshow/96037100.cms)