Birdwatch Note Rating
2023-10-13 02:25:45 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 53B723D07ACBA7CB04B93DD64780A78FB413A122A1FE0C2B376BA86CA33FA78E
Participant Details
Original Note:
While this might be cotroversial take, it is true that inflation is at 2% if you exclude just one item: Shelter. It has a big weight in the indices especially in core services part. Shelter is a lagging inflation indicator because of it price dynamic. https://www.morningstar.com/news/marketwatch/20230812263/housing-prices-were-a-big-driver-of-inflation-now-some-economists-see-a-slowdown
All Note Details