Birdwatch Note Rating
2024-04-13 15:24:46 UTC - HELPFUL
Rated by Participant: 582270BD10C47BBAD09DE68EE145853323EB66E6F676CE006BADEDF0B6338056
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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