“Life is getting really expensive very fast and much more expensive”: labor economist Stijn Baert discusses the consequences of inflation on our wages and the labor market | My guide: money

The ECB summit decided today to raise the three different interest rates by 0.75 percentage points. This should cool inflation. “Inflation is still too high and will remain above target for a long period of time. Inflation in the euro area was 9.9 percent in September. Paul D’Hoore explains in the video above. what it means for your wallet.

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