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BofA CEO: Inflation Will Hold, But Consumers Will Spend

BofA CEO: Inflation Will Hold, But Consumers Will Spend

Updated on 10/15/2021 03:04 am The executive director of Bank of America Corp., Brian Moynihan, joined other financial industry leaders, such as the CEO of Morgan Stanley, James Gorman, and John Waldron, of Goldman Sachs Group Inc., in forecasting that inflation It will remain. “Inflation is clearly not temporary,” Moynihan said in an interview Thursday […]

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