Should you book your FD now or wait for higher interest rates? Here's why you need to do both

[IndiaInsurance]

https://img.etimg.com/photo/96904601.cms (https://economictimes.indiatimes.com/wealth/invest/should-you-book-your-fd-now-or-wait-for-higher-interest-rates-heres-why-you-need-to-do-both/articleshow/96904601.cms)Despite substantial rate hikes done within last 9 months the likelihood of a further hike in interest rates cannot be ruled out completely yet. So, if investors book or start a long-term FD now, they may regret it later if the rates go up. On the other hand, if they wait longer for the rates to peak — which might not happen — they risk losing out on the current high rate.

More... (https://economictimes.indiatimes.com/wealth/invest/should-you-book-your-fd-now-or-wait-for-higher-interest-rates-heres-why-you-need-to-do-both/articleshow/96904601.cms)