April 5, 2024
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Portfolio Watch: Inflation, the eurozone and the future of energy prices

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• Todd McGinley, senior investment manager at Mechanics Bank, told an investment panel on Feb. 8 that inflation may peak and decline. But he said the workforce cost issues will remain. He said that as supply issues are addressed, inflation is likely to decline to 4% in 2022 and 3% in 2023. But he said…

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