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Greg Ip
@greg_ip
Chief economics commentator for The Wall Street Journal. A fox, not a hedgehog. Read my articles here:
가입 January 2011
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One problem with using pricing information from big box retailers like Walmart is that they are a small share of the consumption basket, with no footprint in huge categories like housing, health care. To date, alternative inflation data based on retailers hasn't been a reliable predictor of CPI or PCE.
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