The dollar weakened near a three-year low as President Trump’s criticism of Fed Chair Powell undermined investor confidence. Concerns arose about potential actions to replace Powell, triggering fears of a dollar panic. Escalating trade tensions with China further fueled economic anxiety, contributing to the dollar’s decline against major currencies like the euro and Swiss franc.
Debt funds vs FD : Which one to choose post decline in interest rate by banks recently
A reddit user posted a query on the mutual fund community that as FD rates have dropped below 7%. Is it worth switching to debt