Birdwatch Note Rating
2023-10-13 17:53:32 UTC - HELPFUL
Rated by Participant: 3A00D95ADB8A11F93FC8CBF45F61CB0073774238FA1C85DD46486BA942CA6470
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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