ECB's Makhlouf: Aging populations threaten Euro Area job growth ...Middle East

Migration can mitigate some of the effects of the coming demographic changes, but it cannot push back the tideDemographic shifts would have varying and sometimes contradictory effects on inflationLikely result would be segmented inflation dynamics

"Older population could damp aggregate demand and limit price growth but fewer working-age people risk tightening labour markets and push up wages."

This article was written by Giuseppe Dellamotta at investinglive.com.

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