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

https://img.etimg.com/photo/96904601.cmsDespite 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.

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