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Tuesday, December 19, 2017

Central banks, including MAS, are turning to big data to help them craft policy

In March, it hustled statisticians and economists away from their computers to a Bali beach resort to explore the potential of big data for policy and ... It has also bought a large set of prices from actual consumer purchases and is exploring ways to scrape the Internet to measure inflation in real time.
From http://ift.tt/2kJgr4j

In March, it hustled statisticians and economists away from their computers to a Bali beach resort to explore the potential of big data for policy and ... It has also bought a large set of prices from actual consumer purchases and is exploring ways to scrape the Internet to measure inflation in real time.

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