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...Everyone I met and spoke to referred affectionately and enthusiastically to “Michael”. It was Michael this and Michael that, “Oh, the last time Michael was here . . . ” and so on....
...But Michael Woolfolk, senior currency strategist at Bank of New York, labelled the report a “bucket of cold water” for those playing down the effect of rising oil prices....
...Stagflation is rearing its ugly head,” said Peter Morici, a business professor at the University of Maryland....
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