Inflation is hitting, and stock prices are diving. Both keeping and investing in a savings account may seem like bad ideas now – what if the earned funds are melting down? Three experts will tell you what to do with the money right now. The savings of Finns during the Corona period have accumulated to record levels. However, threats are looming in the economic skyline. Indeed, the autumn winter has seen really strong inflation readings. In December, annual inflation reached 7% in the United States and 5% in the euro area. In Finland, too, annual inflation rose to 3.5 per cent in December. The central banks’ inflation target is 2%.
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Inflation threatens your savings – experts tell you what to do with money right now
