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The Wall Street Journal – “As the Fed Deliberates, Amazon Is Making Its Job More Difficult” – The Billion Prices Project

The Wall Street Journal – “As the Fed Deliberates, Amazon Is Making Its Job More Difficult”

The growth of e-commerce is well understood, tracking the smartphone’s ubiquity and a global supply chain that delivers consumer goods quickly and cheaply. Its impact on inflation—the so-called Amazon effect—is still being explored by economists.

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