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Breakingviews TV: Amazon’s pay

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Amazon’s wage hike could complicate the Fed’s job as the online retailer is boosting average starting pay to over $18 per hour. Meantime, consumer prices rose 5.3% in August. Gina Chon explains why that may be a sign that higher inflation is here to stay.

#Amazon #AmazonWageHike #Fed #Inflation #ConsumerPrices #Breakingviews #BreakingviewsTV #News #Reuters

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World
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reuters, business, finance
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