Birdwatch Note Rating
2023-10-16 07:52:23 UTC - HELPFUL
Rated by Participant: 21CA91B8FD53D1C112DD94564BDD492CBB75ED9C610B33828E19D8ED1C3FA45F
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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