The deposit rate of the European Central Bank (ECB) will be at its highest level ever. In the monthly podcast Boerenbusiness Currency Joost Derks, currency expert at iBanFirst, tells presenter Eric de Lijster that the higher interest rates and still too high inflation are going to hurt more and more. Both for entrepreneurs and consumers. Topics discussed include inflation, contraction inflation and grab inflation, as well as the upcoming interest rate decisions of the Fed and the Bank of England. And of course the developments surrounding the euro, dollar, British pound, the Chinese renminbi and the Japanese yen.
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