Birdwatch Note Rating
2023-10-14 16:59:50 UTC - HELPFUL
Rated by Participant: 21EAED235C5D09D2B9437344A62FD114E3333DDAD829D8A2A1A2021B38C1C891
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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