The US Federal Reserve has hiked its interest rates as expected. It has also surprised the markets with its hawkish tone, indicating there will be three interest rate hikes during the coming year. Now, the big question: What should mutual fund investors do?
The US Federal Reserve hiked its interest rates by 25 basis points to 0.75 per cent in its meeting held on 13 and 14 this month. The central bank hiked its interest rates exactly after a year when the committee last raised its ..