Birdwatch Note Rating
2023-10-17 15:29:14 UTC - HELPFUL
Rated by Participant: 0CDB6D2439093CBA30E9AAE9E7900C411F9B447697F73B143DEA3C00C7502B13
Participant Details
Original Note:
Shelter is a major part (42%) of the CPI indicator. Federal Reserve Bank of Boston estimates that "the headline CPI and core CPI will be 1.05 and 1.34 percentage points higher, respectively, from September 2022 to September 2023 as a result of above-average shelter inflation." https://www.bostonfed.org/publications/current-policy-perspectives/2023/forecasting-cpi-shelter-under-falling-market-rent-growth.aspx
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