US
Why savers should consider investing in mutual funds as a practical option?
It is clear two logical policy choices are either no change in rate or hike of 1%+
Most market participants expect 1% or more increase in policy rate from current 12.25%
Rate hike fills in market gap and not as proactive as some tweets suggest
Hike in policy rate highlights how behind the curve SBP was in terms of monetary policy
If markets don’t follow SBP’s signals, then impact of monetary policy will be diluted
Higher interest rates might raise dreaded spectre of stagflation