A Reddit user’s Rs 2 crore fixed deposit query sparked debate on inflation, opportunity cost, and tax inefficiencies versus equities. While FDs offer stability, users argued equities provide better long-term returns, compounding benefits, and protection against wealth erosion.
US inflation tops 4% for first time in three years, keeping Fed hike in play
US inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve’s interest rate hike plans on the table for September.