Birdwatch Note Rating
2023-10-13 17:52:25 UTC - HELPFUL
Rated by Participant: 03957FCF4252D61AE558E49218E813F2B4B58CEB0AF42DF97B49540913FE57D4
Participant Details
Original Note:
Inflation index is 3.7%. Inflation less shelter is 2%. While that is a legitimate index because shelter is a lagging indicator and doesn’t affect a large percentage of the population, it should be pointed out that he is referring to CPI less shelter to get to 2%. https://www.bls.gov/news.release/cpi.t03.htm
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